COE price for small cars fell below $10,000
The certificate of entitlement (COE) prices for small cars of 1,600cc, Category A, plummeted 24 per cent from S$3,788 to S$9,501, the lowest in one year.
Dealers cited the price drop in view of inflation and higher fuel prices.
Category B prices decreased by 3.6 per cent to $13,389.
Category C (commercial vehicle) prices increased by 6.9 per cent from $12,989 to $13,889
Category D prices for motorcycles gained 10.8 per cent, from $1,310 to $1,452.
Open Category E prices rose 2.1 per cent, from $14,001 to $14,300.
The government is expected soon to announce a smaller crop of COEs for the new quota year.
[URL=http://www.oneshift.com/pdb/coed.php?coeid=96&prevcoeid=95]See COE Prices[/URL]
Credits: Oneshift News Team
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