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Passenger car COE premiums fall

Singapore

PASSENGER car certificate of entitlement (COE) premiums fell substantially in the second bidding exercise of May, with the small-car category slumping by nearly S$5,000.

Category A, for cars below 1,600cc or 130 hp, shed S$4,617 to S$46,489; Cat B, for cars above 1,600cc and 130 hp, was S$2,413 lower at S$53,001.

Cat E, the open category which currently tracks Cat B, dipped S$3,000 to S$52,000.

Cat D for motorcycles was also down S$200 to S$6,101.

Only Cat C - for goods vehicles and buses -...

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