COE premium for small cars ramps down $1,828 to $51,506

Prices are down by 3.4%.

September’s first open bidding for COEs saw premium for small cars sliding 3.4% or $1,828 to $51,506, compared to $53,334 at the end of August. It is also lower than the $52,503 COE price for category A vehicles during the first bidding last month.

Bidding results also showed that COE price for the open category dropped $67 to $56,889.

The rest of the categories posted price surges with goods vehicle and bus nabbing the largest increase $1,800 to $49,801.

Premium for cars above 1600CC or 97KW rose $502 to $57,002, while motorcycle price inched up $100 to $6,452.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley