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CERTIFICATE of entitlement (COE) premiums mostly slumped in the last bidding exercise of 2015, with the big car category shedding nearly 10 per cent to a four-and-a-half-year low.
Category A - for cars below 1,600 cc or 130 hp - was S$2,688 lower at S$54,301, while Cat B - for cars above 1,600cc and 130 hp - fell S$5,000 to S$55,001. In April 2011, the big car premium had also settled at this exact amount.
Cat E - the open category which currently tracks Cat B - slipped S$2,502 to S$57,501.
Cat C - for goods vehicles and buses - dropped S$2,100 to S$46,001.
Only Cat D - for motorcycles - was S$99 higher at S$6,600.