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Brief: COE At 13 Months Low For Category A Vehicles

Turns caffeine into digestible finance content. You can contribute your thoughts like Ming Feng here.

What Is The News About:

  • In the latest bidding exercise held on Wednesday (May 24), most of the categories ended lower except for commercial vehicles.
  • Premiums for Category A, cars up to 1,600cc and 130bhp, settled at 13-months low.
  • Commercial vehicle is the only category which saw an increase of 17.6%.
  • This is the second tender for the May to July period and a total of 8,151 bids were received, with a quota of 5,338 COEs available.

Why It Matters To Seedly’s Readers:

 

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