04 Aug '11, 2am

Finally! COE prices fall across the board (via ST iPhone App)

COE for cars up to 1,600cc plummetted to $48,801 - from $56,002 two weeks ago. COE for cars above 1,600cc also fell, but by a smaller quantum. It ended at $70,890, from $72,501 previously. -- ST PHOTO: WANG HUI FEN CERTIFICATE of Entitlement (COE) premiums fell across the board at the latest tender on Wednesday, as high prices and stock market jitters kept buyers away from showrooms. COE for cars up to 1,600cc plummetted to $48,801 - from $56,002 two weeks ago. COE for cars above 1,600cc also fell, but by a smaller quantum. It ended at $70,890, from $72,501 previously. Open COE, which can be used for any vehicle type but ends up mainly for cars, closed at $70,117 - down from last fortnight's $74,490. The premium for commercial vehicles dipped from $34,502 to $34,009. And the motorcycle premium fell below $2,000 for the first time since February. It closed at $1,890 - from ...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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