Certificates of entitlement premiums ended lower across the board for the second consecutive tender on Wednesday.
COE for cars up to 1,600cc fell to $72,609, from $76,889 two weeks ago. COE for cars above 1,600cc slid from $87,910 to end at $84,578. Open COE, which can be used for any vehicle type but ends up mainly for bigger cars, fell to $89,001, from $92,289.
Commercial vehicle COE plunged to $55,503, from $68,002. Motorcycle premium finished at $1,710, down from $1,804.
With the latest results, premiums for smaller cars and commercial vehicles have fallen the most - chalking losses of more than $10,000 and $20,000 respectively.
Here are the latest Certificate Of Entitlement results from Wednesday's bidding exercise:
|Category||Current COE premium ($)||Previous COE premium ($)|
|A - Car (1600cc & below)||72,609||76,889|
|B - Car (above 1600cc)||84,578||87,910|
|C - Goods vehicle & bus||55,503||68,002|
|D - Motorcycle||1,710||1,804|
|E - Open||89,001||92,289|
Source: Land Transport Authority
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