COE Open category closes in on $100,000 mark

MOST certificate of entitlement (COE) prices ended slightly lower in the latest tender on Wednesday but the Open category - used almost exclusively for cars - finished a mere whisker from $100,000.

The Open COE closed at $97,889, up from $96,101 two weeks ago. The price is just $2,111 away from the six-digit level.

The other premiums, although having slid, were not much farther away.

COE for cars up to 1,600cc finished at $91,010, down from $92,100. COE for cars above 1,600cc ended at $95,501, down from $96,210.