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SINGAPORE – Prices of certificates of entitlement (COE) ended mixed in the last tender on Wednesday (October 7), as the tender declined after nearly three months of incessant increases.
The COE premium for cars up to 1,600cc and 130 bhp closed at $ 36,534, down from $ 38,504 two weeks ago. The COE price for cars over 1,600 cc or 130 bhp ended at $ 40,690, down from $ 40,989.
The premium for Open COE, which can be used for any type of vehicle except motorcycles, but ends mainly for larger cars, closed at $ 40,301, down from $ 41,001.
The commercial vehicle COE price ended at $ 33,089, its highest level since May 2018, and higher than the previous price of $ 28,589.
The motorcycle premium ended at $ 7,451, up from $ 7,331.
Dealers said growing demand for home delivery services, as well as the rush to liquidate the stock of older commercial vehicle models before a new emissions scheme takes effect next year, have increased the COE for vehicles. of goods and buses.
LAST COE RESULTS:
| Category | Current COE Premium ($) | Previous COE Premium ($) |
| A – Car (1,600 cc and under) | 36,534 | 38,504 |
| B – Car (above 1,600 cc) | 40,690 | 40,989 |
| C – Freight vehicle and bus | 33,089 | 28,589 |
| D – Motorcycle | 7,451 | 7,331 |
| E – Open | 40,301 | 41,001 |
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