Open COE surprises in latest tender
It ends below COEs for big and small cars; motorcycles see aggressive bidding to hit new high
Add BT as a preferred source
Christopher Tan
Singapore
IN A RARE Turn, prices of Open COE - typically the highest at the end of each tender - finished lower than certificates of entitlement for cars, both big and small, yesterday.
Premiums for Open COE, which can be used for any vehicle type except motorcycles, closed 9.3 per cent lower at S$39,903. Open COE is usually the costliest because it is transferable and is stockpiled by dealers for urgent sales.
TRENDING NOW
SIA sinks into the red with S$76 million Q1 loss as fuel costs jump
15-month wait-out curb lifted for private property owners buying HDB resale flats
Singapore banks’ battle for wealth talent goes beyond private bankers
New career paths, deeper client bonds: How SME founder made AI serve her employees, not replace them
