07 Sep '11, 9am

Certificates of Entitlement results end mixed at latest tender

Certificates of Entitlement results end mixed at latest tender

Certificates of Entitlement (COE) ended mixed at the latest tender on Wednesday as economic uncertainties dampened the appetite for cars - especially big, luxury models. -- ST PHOTO: CAROLINE CHIA By Christopher Tan Certificates of Entitlement (COE) ended mixed at the latest tender on Wednesday as economic uncertainties dampened the appetite for cars - especially big, luxury models. COE for cars up to 1,600cc, the mainstay of buyers and sellers of bread-and-butter models, finished higher however. It closed at $51,000, up from $49,301 two weeks ago. COE for cars above 1,600cc, dominated by premium brands, finished lower for the fourth consecutive tender at $63,002, down from $65,521. The Open COE, a proxy for big car COE, was also softer at $65,589, down from $67,000. Please enable JavaScript to view the comments powered by Disqus. blog comments powered by Disqus

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

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