COE premiums close generally lower; Cat A prices end at $55,399

September's second COE bidding exercise closed on the afternoon of Wednesday, Sept 23, 2015.
September's second COE bidding exercise closed on the afternoon of Wednesday, Sept 23, 2015.ST PHOTO: KUA CHEE SIONG

SINGAPORE - Certificates of entitlement (COE) ended generally lower in the latest tender on Wednesday.

COE for cars up to 1,600cc and 130bhp closed at $55,399, down from $57,089 two weeks earlier. COE for cars above 1,600cc or 130bhp finished at $60,001, down from $62,101.

Open COE, which can be used for any vehicle type but ends up mainly for bigger cars, bucked the trend by ending at $61,300, up slightly from $61,010 previously.

Commercial vehicle COE slid from $46,801 to close at $45,289. Motorcycle premiums eased from $6,512 to $6,158.

Latest COE results:

Category Current COE premium ($) Previous COE premium ($)
A - Car (1600cc & below)  55,399 57,089
B - Car (above 1600cc)   60,001 62,101 
C - Goods vehicle & bus  45,289 46,801
D - Motorcycle  6,158 6,512
E - Open  61,300 61,010

Source: Land Transport Authority