COE premiums for small cars slip 11.2% to $78,301
Prices slowed down across all categories.
According to a release by the LTA, they received 2,080 bids at the end of the February second open bidding exercise for Certificates of Entitlement (COEs). Of these, 1,522 were successful.
COE for small cars dropped almost $9,000 to $78,301 compared to $87,109 two weeks ago.
COE for cars over 1,600 cc also inched down to $92,667 versus the previous mark of $92,901.
For cars in open segment (Category E), premiums also slipped from S$94,890 to S$91,910.