Wednesday, May 23, 2012

COE prices fall across the board

SINGAPORE: Certificate of Entitlement (COE) prices fell across the board after the latest bidding exercise on Tuesday.

The biggest drop was in the big car category, where premiums fell S$6,834 to S$85,216.

The premiums for small cars also fell, down S$4,599 to close at S$58,001

The COE prices for the open category, which is mostly used for big cars, fell S$2,101 to end at S$86,889.

COEs for commercial vehicles also fell, going down S$1,447 to S$57,106.

Premiums for motorcycles also went down, dipping S$131 to S$1,890.

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