COE drops to Historic Low

Posted by Jarvis
21 Nov 2008

The days of cheap COE prices are back. For the first time ever, Certificate of Entitlement (COE) price for small cars 1,600cc and below fell by S$10,453 to a historic low of S$2.

The COE) for big cars (1,600cc and above) saw the next biggest fall to S$4,889.

Open Category COEs fell S$3,601 to S$6,889.

COE for commercial vehicles fell S$2,700 to S$6,189.

For motorcycles, the new COE price is S$1,012, a drop of $497.

A sign of recession perhaps?

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