SINGAPORE - COE for cars up to 1,600cc and 130bhp closed at $46,651 in the latest tender on Wednesday (Feb 3), down from $51,301 two weeks ago.
COE for cars above 1,600cc or 130bhp finished at a six-year low of $38,610, down from $50,089 last fortnight.
Open COE, which can be used for any vehicle type but ends up almost exclusively for bigger cars, tumbled by nearly as much to end at $44,001, down from $51,000 previously.
Commercial vehicle COE dipped from $46,502 to end at $45,036 – making this COE for vans and trucks significantly costlier than the certificate for Mercedes-Benz S-class and BMW 7-series limousines.
Motorcycle premium slid from $6,512 to $6,503.
Latest COE results:
|Category||Current COE premium ($)||Previous COE premium ($)|
|A - Car (1600cc & below)||46,651||51,301|
|B - Car (above 1600cc)||38,610||50,089|
|C - Goods vehicle & bus||45,306||46,502|
|D - Motorcycle||6,503||6,512|
|E - Open||44,001||51,000|
Source: Land Transport Authority