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COE prices end lower in latest open bidding exercise

Prices are down for all categories, with open category premiums decreasing by more than S$2,000. 

SINGAPORE: Certificate of Entitlement (COE) prices ended lower in the latest open bidding exercise on Wednesday (June 18).

COE prices for Category A cars, or those 1600cc and below with horsepower not exceeding 130bhp, fell S$1,291 to S$61,899.

Premiums for larger, more powerful cars ended lower at S$65,700 - a drop of S$1,604.

The COE premium for commercial vehicles went down by S$1,000 to S$42,001, while those for motorcycles also ended lower at S$3,890, a drop of S$199.

Open category premiums, which are mainly used for cars, decreased by S$2,033 to S$65,301.

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