Cat A and B COEs dip as number of bids falls
[SINGAPORE] Vehicle certificate of entitlement (COE) premiums were lower in the latest round of bidding which closed on Wednesday, with the exception of the open and motorcycle categories.
The premium for Category A COE (for cars below 1,600cc and 130hp) registered the largest decline of the categories, falling S$2,481 from S$64,841 to S$62,000.
At the same time, the premium for Cat B (for cars above 1,600cc or 130hp) was S$1,020 lower at S$71,990, compared to the S$73,010 it stood at two weeks ago.