COEs end lower for all categories except for motorbikes

Singapore

CERTIFICATES of entitlement (COE) ended lower for all categories except for motorcycles at the latest tender yesterday.

COE for cars up to 1,600cc and 130bhp closed 9.5 per cent lower at S$42,339. COE for cars above 1,600cc or 130bhp finished 6.4 per cent lower at S$53,711. Open COE, which can be used for any vehicle type except motorcycles, ended 5.5 per cent lower at S$54,334.