COE premiums for goods vehicles drops
They are now worth $26,501.
Certificate of Entitlement prices for commercial vehicles slumped after the Second Bidding Open Bidding Exercise, falling to $26,501 compared to the previous $45,906.
For motorcycles, premiums were down to $6,712. Small cars premium went down slightly to $51,600.
For cars above 1,600cc, premiums were unchanged at $54,406. The open category rose by a measly $60 to $54,616.