COE premiums for small cars up 3.28% to $74,991

But that of big cars dropped 6.24%.

According to a release, the Land Transport Authority (LTA) received 2,536 bids at the end of the November second open bidding exercise for Certificates of Entitlement (COEs). Of these, 1,684 were successful. 

For this round of bidding, Category A (Cars 1,600cc and below) was up to $74,991 from $72,609, or a 3.28% increase. Meanwhile, Category B (Cars 1,601cc and above) was down to $79,300 from $84,578, or a 6.24 decrease.

COE results for previous bidding exercises can be found on the “Facts and Figures” section of the ONE.MOTORING website (https://www.onemotoring.com.sg).

Bidders can use the Temporary Certificates of Entitlement (TCOEs) obtained from this bidding exercise upon receipt of the TCOE notification letters. The non-transferable TCOEs will be valid till 31 May 2014. The transferable TCOEs will be valid till 28 February 2014. TCOEs issued to companies are not transferable.