Local News: COE Results for May Round 1
In this first round of bidding for May for Certificates of Entitlement (COE), we got mixed results in the bidding for different categories.
Category A (Cars under 1,600cc) segment COEs closed higher this round a bit higher at $68,589.
Elsewhere across the board, price in Category B (cars over 1,600cc) decreased slightly by a small margin to close at $77,600
Prices in the Category E (Open Category) have increased by 4 dollars to $78,004 .
The full results are as follows:
Category A (Cars below 1,600cc) : $68,589 (%)
Category B (Cars above1,600cc) : $77,600 (%)
Category C (Commercial Vehicles) : $50,098 (%)
Category D (Motorcycles) : $6512 (%)
Category E (Open) : $78,004 (%)
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