COEs close lower at first tender for July 2016
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COE prices finished lower across the board in the first round of bidding in July on Thursday (July 7).
ST PHOTO: JAMIE KOH
SINGAPORE - Certificate of Entitlement (COE) prices finished lower across the board in the first round of bidding in July on Thursday (July 7).
Premiums for Category A - cars up to 1,600cc and 130bhp - dropped from $55,200 to $52,301.
COE prices for Cat B - cars above 1,600cc or 130bhp - also fell, going from $57,010 to $56,089.
For the open category, Cat E, which can be used for any vehicle type but ends up mainly being used mostly for bigger cars, COE prices likewise decreased, from $57,390 to $56,002.
Motorcycle premiums saw a dip, from $6,303 to $6,012.
COE premiums for goods vehicles and buses went down, from $48,002 to $47,889.
Latest COE results:
Source: Land Transport Authority
