Sunday , October 2 2022

COE prices were mixed at the latest tender, Transport Nevs & Top Stories


SINGAPORE – The Certificate of Rights (COE) prices ended in a mix on the latest tender on Thursday (November 8th) – first with an extended quota.

The COE premium for cars up to 1600cc and 130bhp closed at $ 28,199, compared to $ 25,556 three weeks ago. COE for cars over 1600cc or 130bhp finished at $ 32,302, compared to $ 31,302.

The premiums for the Open COE, which can be used for any type of vehicle other than motorcycles, but which end up for cars, ended with $ 32,000, a reduction of $ 32,900.

COE for commercial vehicles ended up unchanged at $ 29,501. Motorcycle premiums closed at $ 2,509, down $ 3,951.

Motor traders attributed results next week to week between the last exercise and Thursday, which led to additional reservations. Most interventions have two weeks, but because some months are longer, sometimes they are occasionally separated for three weeks.

Recently concluded Automobiles @ Ekpo sales bazaar also contributed to healthy orders.

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