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
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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.
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