23 Mar '11, 8am

COE premiums end mixed. Cat A COE is now $43,813. Cat B COE is $57,002 while Open Cat COE is $59,073

The COE premium for cars above 1,600cc (Category B) ended at $57,002 - a drop of $4,892 or 7.9 per cent. -- PHOTO: MALCOLM MCLEOD CERTIFICATE of Entitlement (COE) premiums for big cars dipped when the tender exercise closed on Wednesday. The COE premium for cars above 1,600cc (Category B) ended at $57,002 - a drop of $4,892 or 7.9 per cent. For the Open category COEs - which can be used for any vehicle type but which typically end up being used mainly for bigger cars - the premium registered a 4.7 per cent fall to $59,073 (from $62,010). But premiums for Category A or popular cars of up to 1,600cc, rose to $43,813 from $42,600, or 2.8 per cent. Motorcycle premiums fell, landing at $2,534 from $2,604. Commercial vehicle COE premiums ended lower at $29,690, from $30,001.

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

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