COE prices close mostly lower in Dec's first round bidding exercise

PHOTO: The Straits Times

SINGAPORE - Prices across the different Certificate of Entitlement (COE) categories mostly fell in December after the first round of bidding.

The COE price for cars in category A - 1,600cc and 97kW - fell from $50,951 to $48,000.

There was a similar plunge in Cat B, D and E.

Premiums for cars above 1,600cc or 97kW dropped $53,001 to $46,229, while motorcycle COE prices went down from $6,212 to $6,113.

Vehicles in the open category, Cat E, fell from $6,212 to $6,113.

The only exception was in Cat C (for goods vehicles and buses), which increased to $51,209 from $49,002.

grongloh@sph.com.sg

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