COE prices decline across all categories

·Nurul Azliah Aripin

18 June 2014 at 6:14 am

Certificate of Entitlement prices dropped in most categories except for commercial vehicles in the latest bidding exercise (Getty Images)

Certificate of Entitlement (COE) premiums decreased across all categories in the second bidding for June, the latest bidding results released on Wednesday showed.

The biggest decrease was in the motorcycles category as the COE price there went down to $3,890 from $4,089 in the previous bidding results released on 4 June.

The COE premium for vehicles in the open category fell to $65,301 from $67,334 previously.

In the goods vehicles and buses category, the COE prices decreased to $42,001 from $43,001.

The premium for small cars, those 1,600cc and below, dropped to $61,899 from $63,190.

The premium for big cars, those above 1,600 cc, declined to $65,700 from $67,304.

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