SINGAPORE - Certificate of Entitlement (COE) prices finished mostly lower in the first round of bidding in December on Wednesday (Dec 7).
Premiums for Category A - cars up to 1,600cc and 130bhp - went down from $50,951 to $48,000.
COE prices for Cat B - cars above 1,600cc or 130bhp - decreased, from $53,001 to $46,229.
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 also fell, from $54,901 to $50,010.
Motorcycle premiums ended lower, going from $6,212 to $6,113.
COE premiums for goods vehicles and buses was the only that went up, from $49,002 to $51,209.
Latest COE results:
Category | Current COE premium ($) | Previous COE premium ($) |
A - Car (1600cc & below) | 48,000 | 50,951. |
B - Car (above 1600cc) | 46,229 | 53,001 |
C - Goods vehicle & bus | 51,209 | 49,002 |
D - Motorcycle | 6,113 | 6,212 |
E - Open | 50,010 | 54,901 |
Source: Land Transport Authority