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COE Prices Drop Across the Board

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by Donavan Lim

Certificate of Entitlement (COE) prices for vehicles fell across the board in the latest bidding exercise on Wednesday, the Land Transport Authority said.

The price in the big car category fell the most, where the premium shed S$6,834 to S$85,216.

COE premium for smaller cars and taxis decreased S$4,599 to S$58,801.
Premium for commercial vehicle declined S$1,447 to S$57,106; while that of motorcycles went down to S$1,890, a slight dip of S$131.

In the open category, which is for any vehicle type, the price slumped by S$2,101 to S$86,889.