Car COE premiums flat

CERTIFICATE of entitlement (COE) prices for passenger cars were flat in Wednesday's bidding exercise - the first for September - as buyers stayed away due partly to the Hungry Ghost month but mostly on expectations of much lower premiums.

Category A - for cars below 1,600cc or 130hp - fell S$409 to S$57,089, while Cat B - for cars above 1,600cc and 130hp - slipped S$39 to S$62,101.

Cat E - the open category which currently tracks Cat B - inched up S$9 to S$61,010. Elsewhere, Cat C - for goods vehicles - rose S$300 to S$46,801 and Cat D - for motorcycles - climbed S$400 to S$6,512.