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SINGAPORE - Category A for cars below 1,600cc is the only category to see a drop in Certificate of Entitlement (COE) prices in this week's tender.
Ending at 4pm today, premiums for small cars saw a drop of 7.4 per cent to $63,000. This is down from $68,000 from two weeks ago.
In the last bidding that ended on Sept 5, Cat A was the only category that saw an increase from the previous bidding, while prices for the rest had dropped.
This time, COE for cars above 1,600cc in Cat B saw the biggest jump in prices - up 10.4 per cent - to $88,500. It had cost $80,191 a fortnight ago.
Premiums for the Open category, which is usually used for cars and is transferrable, rose to $89,990. This is up 2.3 per cent from last bidding's $87,999.
Prices for motorcycles, which stagnated at $1 in the final minutes of bidding, ended at $1,852 when the tender closed at 4pm. This is an increase of 2.8 per cent from $1,801.
Commercial vehicles in Cat C will now cost $57,809, up by a slight 0.8 per cent from $57,334.
Sept 2012 - Second bidding
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| Category |
Sept 19 prices |
Sept 5 prices |
| Cars (1,600CC below) |
$63,000 |
$68,000 |
| Cars (above 1,600CC) |
$88,500 |
$80,191 |
| Commercial vehicles |
$57,809 |
$57,334 |
| Motorcycles |
$1,852 |
$1,801 |
| Open category |
$89,990 |
$87,999 |
dassa@sph.com.sg
 
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