COE prices down for cars, bikes

Certificate of Entitlement (COE) prices finished mostly lower in the first round of bidding in December yesterday.

Premiums for Cat A - cars up to 1,600cc and 130bhp - fell from $50,951 to $48,000.

COE prices for Cat B - cars above 1,600cc or 130bhp - decreased from $53,001 to $46,229.

For the open category, Cat E, which can be used for any vehicle type but ends up mainly being used for bigger cars, prices also fell, from $54,901 to $50,010.

Motorcycle premiums fell from $6,212 to $6,113.

COE premiums for goods vehicles and buses went up, from $49,002 to $51,209.

- The Straits Times