SINGAPORE - Certificate of entitlement (COE) premiums came down across the board on Nov 5, with the price of certificates for smaller cars falling to $110,002 and that for larger cars to $115,001.

This is the second consecutive tender exercise where premiums for COEs used to register cars fell.

Category A COEs, meant for smaller and less powerful cars and electric vehicles (EVs), dropped to $110,002 – 9.8 per cent lower than the $122,000 at the previous exercise.

The price of Category A COEs has been edging up since the first tender exercise in June, hitting

a record of $

At $115,001, the price of a Category B COE - for larger and more powerful cars and EVs - was 12.8 per cent lower than the $131,889 at the

last exercise

Car dealers said showroom traffic did not pick up as much as they had hoped since ...