21 Sep '11, 8am

Dampened buyer sentiment leads to slide in COE prices

Certificate of entitlement (COE) prices ended mostly lower at the latest tender on Wednesday as worries about the economy continued to dampen consumer sentiment. -- ST PHOTO: TERENCE TAN By Christopher Tan Certificate of entitlement (COE) prices ended mostly lower at the latest tender on Wednesday as worries about the economy continued to dampen consumer sentiment. For cars up to 1,600cc, COE prices fell from $51,000 two weeks ago to $48,006. The premium for cars above 1,600cc rose from $63,002 to finish at $64,889. It was the only one that ended higher. Open COE, which can be used for any vehicle type but ends up mainly for cars, slid from $65,589 to $62,502. COE prices for commercial vehicles fell from $31,900 to $30,089, while motorcycle premium tumbled from $2,339 to $2,109. 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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