COE prices mixed in second August tender
Cat B, C and E are down while Cat A and D are up; dealers cite weak economy for Cat B's S$1,403 drop
CERTIFICATE of entitlement (COE) premiums were mixed in the second bidding exercise of August, with some dealers attributing the reduction in the Category B or big car premium to the poor economy.
Cat B - for cars above 1,600cc or 130 hp - fell S$1,403 to S$56,500.
Cat E - the open category which currently tracks Cat B - was also lower, slipping S$1,245 to S$56,956.
TRENDING NOW
1 in 5 fresh graduates from autonomous universities still seeking employment: MOM
UOB CEO’s youngest child Grant Wee turns burnout into a wellness business
Cold Storage moves into convenience retail with On The Go, to replace FairPrice at 58 Esso stations
Why copper is becoming Asia’s next AI bottleneck