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 $47,889.
Latest COE results:
|Category||Current COE premium ($)||Previous COE premium ($)|
|A - Car (1600cc & below)||52,301||55,200|
|B - Car (above 1600cc)||56,089||57,010|
|C - Goods vehicle & bus||47,889||48,002|
|D - Motorcycle||6,012||6,303|
|E - Open||56,002||57,390|
Source: Land Transport Authority