COE: Cat A rise, other categories drop
Second round of COE bidding sees an interesting twist for car buyers
COE results are out, and this time around, saw a drop in premium across the board, with the exception of one particular category. Category A went upwards, and this should see an increase in prices (from tomorrow onwards) for all cars with engine capacities 1,600cc and below.
[B]Category A[/B] (1,600cc and below + taxi) saw a jump of $1,361. It now stands at [B]$15,019[/B].
[B]Category B[/B] (above 1,600cc) dropped significantly - previously at $18,890, it is now [B]$16,290[/B].
[B]Category C[/B] (goods vehicle + bus) also saw a decrease. Thanks to a decline of $1,300, the premium for this category is now [B]$17,501[/B].
[B]Category D[/B] (motorcycle), which was $902 before this, is now at [B]$882[/B]. This category saw a drop of $20.
[B]Open Category[/B] has also dropped. The premium, which stood at $19,629 at the previous bid, is now [B]$17,905[/B] - a difference of $1,724.
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