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Open COE surprises in latest tender
It ends below COEs for big and small cars; motorcycles see aggressive bidding to hit new high
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Christopher Tan
Published Wed, Feb 7, 2018 · 09:50 PM
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.
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