COE prices end mostly lower at latest tender

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

SINGAPORE - Certificates of entitlement (COE) prices for cars ended mostly lower in the latest tender on Thursday.

COE for cars up to 1,600cc and 130bhp closed at $66,000, down from $66,590. COE for cars above 1,600cc or 130bhp finished at $75,000, down from $75,002.

Open COE, which can be used for any vehicle type but ends up mainly for bigger cars, closed at $75,801, down from $78,001.

Motorcycle premium ended slightly higher, climbing from $6,501 two weeks ago to settle at $6,509.

Commercial vehicle COE also ended lower, closing at $50,900, down from $52,001 previously.

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

Category Current COE premium ($) Previous COE premium ($)
A - Car (1600cc & below)  66,000 66,590
B - Car (above 1600cc)   75,000 75,002 
C - Goods vehicle & bus  50,900 52,001 
D - Motorcycle  6,509 6,501
E - Open  75,801 78,001
 

Source: Land Transport Authority