COEs end mixed as demand for new cars continues to be dampened
Add BT as a preferred source
Singapore
CERTIFICATES of entitlement (COE) ended mixed in the latest tender on Wednesday , as demand for new cars continued to be dampened by plentiful supply of used cars.
COE for cars up to 1,600cc and 130bhp closed slightly higher at S$28,457, from S$28,000 two weeks ago. COE for cars above 1,600cc or 130bhp finished almost flat at S$31,301, from S$31,307 previously.
TRENDING NOW
DBS COO’s most important tip for AI transformation: Lead with ‘why’
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
