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COE premiums end 2015 mostly lower
CERTIFICATE of entitlement (COE) premiums mostly slumped in the last bidding exercise of 2015, with the big car category shedding nearly 10 per cent to a four-and-a-half-year low.
Category A - for cars below 1,600 cc or 130 hp - was S$2,688 lower at S$54,301, while Cat B - for cars above 1,600cc and 130 hp - fell S$5,000 to S$55,001. In April 2011, the big car premium had also settled at this exact amount.
Cat E - the open category which currently tracks Cat B - slipped S$2,502 to S$57,501.
Cat C - for goods vehicles and buses - dropped S$2,100 to S$46,001.
Only Cat D - for motorcycles - was S$99 higher at S$6,600.