COEs finish mixed in second tender for August 2016

Certificate of Entitlement (COE) prices finished mixed in the second round of bidding in August on Aug 17, 2016. ST PHOTO: WONG KWAI CHOW

SINGAPORE - Certificate of Entitlement (COE) prices finished mixed in the second round of bidding in August on Wednesday (Aug 17).

Premiums for Category A - cars up to 1,600cc and 130bhp - went up from $52,503 to $53,334.

COE prices for Cat B - cars above 1,600cc or 130bhp - however, went down, going from $57,903 to $56,500.

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 also went down, from $58,201 to $56,956.

Motorcycle premiums ended higher, going from $6,206 to $6,352.

COE premiums for goods vehicles and buses decreased, from $48,302 to $48,001.

Latest COE results:

Category Current COE premium ($) Previous COE premium ($)
A - Car (1600cc & below) 53,334 52,503
B - Car (above 1600cc) 56,500 57,903
C - Goods vehicle & bus 48,001 48,302
D - Motorcycle 6,352 6,206
E - Open 56,956 58,201

Source: Land Transport Authority

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