COE prices close mixed at second round of bidding in March

SINGAPORE - Certificate of Entitlement (COE) prices finished mixed in the second round of bidding in March on March 23, 2016.
SINGAPORE - Certificate of Entitlement (COE) prices finished mixed in the second round of bidding in March on March 23, 2016.ST PHOTO: KUA CHEE SIONG

SINGAPORE - Certificate of Entitlement (COE) prices finished mixed in the second round of bidding in March on Wednesday (March 23).

Premiums for Category A - cars up to 1,600cc and 130bhp went up from $45,000 to $45,504.

COE prices for Cat B - cars above 1,600cc or 130bhp fell, from $47,604 to $46,502.

For the open category, Cat E, which can be used for any vehicle type but ends up mainly being used mostly for bigger cars, COE prices also dropped from $48,002 to $46,667.

Motorcycle premiums went up slightly from $6,503 to $6,589.

COE premiums for goods vehicles and buses decreased, from $48,890 to $46,502.

Latest COE results:

Category Current COE premium ($) Previous COE premium ($)
A - Car (1600cc & below) 45,504 45,000
B - Car (above 1600cc)  46,502 47,604
C - Goods vehicle & bus 46,502 48,890
D - Motorcycle 6,589 6,503 
E - Open 46,667 48,002

Source: Land Transport Authority