COE Premium Results: May 2011 First Opening Bidding

COE Premium Results: May 2011 First Opening Bidding

The Certificate of Entitlement (COE) premiums for small cars and open categories have gone up in the first bidding exercise for May 2011. The details are as follows:

The small cars category (1600cc and below) rose by S$790 to S$44,790.

The COE for the open category increased by S$489 to S$56,490.

But the big cars category (above 1600cc) fell by S$790 to S$56,011.

The COE for motorcycle also dropped by S$249 to S$2,253.

The biggest drop in COE was in the goods vehicles category which fell S$2,011 to S$21,889.

The total quota available for the tender was 1,887 for the various vehicle categories.

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