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Uber's sale of unused cars drags COEs

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Certificates of entitlement (COEs) ended mostly lower at the latest tender yesterday, as news of Uber selling unused cars dampened demand for new cars.

Singapore

CERTIFICATES of entitlement (COEs) ended mostly lower at the latest tender yesterday, as news of Uber selling unused cars dampened demand for new cars.

COEs for cars up to 1,600cc and 130bhp fell by 2.4 per cent to close at S$38,001. COEs for cars above 1,600cc or 130bhp

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