COE prices close mixed at 2nd bidding round in May 2016

SINGAPORE – Certificate of Entitlement (COE) prices finished mixed on Wednesday (May 18).

In the second round of bidding for May, premiums for Category A cars dropped from $47,889 to $47,020.

COE prices for Category B cars also fell from $51,010 to $49,156.

For the open category, Category E, COE prices rose from $49,000 to $49,700.

Motorcycle premiums saw a very slight increase from $6,302 to $6,303 for this round’s bidding exercise.

COE premiums for goods vehicles and buses went up, from $42,302 to $43,002.

stephluo@sph.com.sg