COE prices close mostly lower at mid-December bidding exercise

Certificates of entitlement (COE) premiums ended mostly lower in the latest tender on Wednesday. -- PHOTO: ST FILE
Certificates of entitlement (COE) premiums ended mostly lower in the latest tender on Wednesday. -- PHOTO: ST FILE

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

COE for cars up to 1,600cc and 130bhp ended at $65,889, down from $67,089 two weeks ago.

COE for cars above 1,600cc or 130bhp fell to $74,000, down from $74,389 previously.

Open COE, which can be used for any vehicle type but ends up mainly for bigger cars, also decreased. It closed at $73,990, down from $76,904.

Commercial vehicle COE down from $60,001 to close at $52,100, while motorcycle premiums ended at $4,312, up from $4,210.

Here are the latest Certificate Of Entitlement results from Wednesday's bidding exercise:

Category Current COE premium ($) Previous COE premium ($)
A - Car (1600cc & below)  65,889 67,089
B - Car (above 1600cc)  74,000 74,389  
C - Goods vehicle & bus  52,100 60,001 
D - Motorcycle  4,312 4,210
E - Open  73,990 76,904 

Source: Land Transport Authority

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