COEs finish lower in the second round of bidding in June 2017

COE prices finished lower across the board in the round of bidding that ended on June 21, 2017.
COE prices finished lower across the board in the round of bidding that ended on June 21, 2017.PHOTO: ST FILE

SINGAPORE - Certificate of Entitlement (COE) prices finished lower across the board in the second round of bidding in June on Wednesday (June 21).

Premiums for Category A - cars up to 1,600cc and 130bhp - went down from $45,201 to $42,801.

COE prices for Cat B - cars above 1,600cc or 130bhp - dropped from $50,110 to $47,501.

For the open category, Cat E, which can be used for any vehicle type but ends up mainly being used for bigger cars, COE prices fell from $50,526 to $48,001.

Motorcycle premiums decreased, from $6,101 to $6,001.

COE premiums for goods vehicles and buses declined, from $38,501 to $36,879.

 

Latest COE results:

Category Current COE premium ($) Previous COE premium ($)
A - Car (1600cc & below) 42,801 45,201
B - Car (above 1600cc)  47,501 50,110
C - Goods vehicle & bus 36,879 38,501
D - Motorcycle 6,001 6,101
E - Open 48,001 50,526

Source: Land Transport Authority