SUBSCRIBERS

Goods vehicle COE premium falls further

But drop is fraction of the S$20,000 dive in previous round

Published Thu, May 11, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    THE commercial vehicle certificate of entitlement (COE) premium continued to fall, but only slightly in Thursday's round of bidding.

    In the first bidding exercise of the new quota, Category C - for goods vehicles and buses - shed S$472 to S$26,029, after a fall by nearly S$20,000 two weeks ago.

    Meanwhile, Cat A, for cars below 1,600 cc or 130 hp, slipped S$494 to S$51,106; Cat B, for cars above 1,600 cc and 130 hp, rose S$1,008 to S$55,414.

    Copyright SPH Media. All rights reserved.