Local News: COE Results for February Round 1
In this first round of bidding for February for Certificates of Entitlement (COE) have decreased in almost all categories, except one.
Category A (Cars under 1,600cc) segment COEs closed lower this round at $62,002.
Elsewhere across the board, price in Category B (cars over 1,600cc) decreased by a surprising 7 percent to close at $70,890.
Prices in the Category E (Open Category) have decreased quite significantly as well to $71,921.
The full results are as follows:
Category A (Cars below 1,600cc) : $62,002 (%)
Category B (Cars above1,600cc) : $70,890 (%)
Category C (Commercial Vehicles) : $52,101 (%)
Category D (Motorcycles) : $5,504 (%)
Category E (Open) : $71,921 (%)
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