COE prices down for most categories

Certificate of Entitlement (COE) prices has dipped for most categories in the latest bidding exercise on Wednesday.

The COE for small cars -- 1600cc and below -- and taxis was down at $56,551 from $57,009 which marks a fall of $458 or about 0.8 per cent.

However, premiums for big cars -- above 1600cc -- rose about 1.42 per cent from $78,189 to $79,304.

Premiums for commercial vehicles and buses in Category C also dipped by $1,995 to $50,009.

The Open Category COE fell from $78,000 to $76,881, which is a difference of $1,119 or about 1.43 per cent.

Motorcycle premiums were down by 25 per cent from $2,012 in the last bidding exercise to $1,490.