SINGAPORE - Certificate of Entitlement (COE) prices finished lower across the board in the first round of bidding in July on Thursday (July 7).
Premiums for Category A - cars up to 1,600cc and 130bhp - dropped from $55,200 to $52,301.
COE prices for Cat B - cars above 1,600cc or 130bhp - also fell, going from $57,010 to $56,089.
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 likewise decreased, from $57,390 to $56,002.
Motorcycle premiums saw a dip, from $6,303 to $6,012.
COE premiums for goods vehicles and buses went down, from $48,002 to $47,889.
Latest COE results:
Category | Current COE premium ($) | Previous COE premium ($) |
A - Car (1600cc & below) | 52,301 | 55,200 |
B - Car (above 1600cc) | 56,089 | 57,010 |
C - Goods vehicle & bus | 47,889 | 48,002 |
D - Motorcycle | 6,012 | 6,303 |
E - Open | 56,002 | 57,390 |
Source: Land Transport Authority