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COE prices end generally higher in the latest bidding exercise

COE prices ended generally higher for all categories, with open category premiums dropping by more than S$2,000. 

SINGAPORE: Certificate of Entitlement (COE) prices ended generally higher in the latest open bidding exercise on Wednesday (July 9).

COE prices for Category A cars, or those 1600cc and below with horsepower not exceeding 130bhp, rose S$91 to S$61,990.

Premiums for larger, more powerful cars ended lower at S$64,889 - a drop of S$811.

The COE premium for commercial vehicles rose by S$1,389 to S$43,390, while those for motorcycles rose from S$3,890 to S$4,001.

Open category premiums, which are mainly used for cars, dropped S$2,300 to S$63,001.

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