Cat B and Cat E COE prices down in second round of bidding

Certificate of Entitlement (COE) prices finished mixed in the second bidding exercise yesterday.

Premiums for Category A - cars up to 1,600cc and 130bhp - went up from $50,101 to $50,889.

COE prices for Category B - cars above 1,600cc or 130bhp - saw a drop from $53,106 to $52,807.

For the Open category, Category E, which can be used for any vehicle type but ends up mainly being used for bigger cars, COE prices also went down, from $53,001 to $52,600.

Motorcycle premiums ended a $1 lower, dropping from $6,053 to $6,052.

COE premiums for goods vehicles and buses increased, from $46,302 to $47,001. - THE STRAITS TIMES