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COE premiums dip across the board

Wednesday, June 17, 2015 - 16:31

PREMIUMS for small and big car certificates of entitlement (COEs) slumped the most in Wednesday's bidding exercise, as all categories fell across the board.

With prospective buyers adopting a wait-and-see attitude because they expect the COE supply to continue increasing, Category A - for cars below 1,600cc or 130 hp - tumbled S$5,000 to S$61,000.

Cat B - for cars above 1,600cc and 130 hp - fell S$3,491 to S$71,509, while Cat E - the open category which currently tracks Cat B - slipped S$1,300 to S$74,501.

Meanwhile, Cat C - for goods vehicles - slid S$398 to S$50,502 and Cat D - for motorcycles - was S$108 lower at S$6,401.

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