Certificates of entitlement (COE) have fallen further and hit one of the lowest levels this year in the latest bidding exercise.
The tumble was also the largest one this year.
COE for category A cars fell from $66,000 two weeks ago to $61,000, the lowest in four months.
COE for category B cars fell to its lowest in three months from $75,000 to $71,509.
Open category COE, which can be used for any vehicle type but ends up mainly for bigger cars, also dropped from $75,801 to a three-month low of $74,501.
Commercial vehicle COE dropped slightly from $50,900 to $50,502. Meanwhile, the premium for motorcycles (Cat D) dropped from $6,509 to $6,401.
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