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