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Singapore

COE prices for cars close lower for Nov 6 exercise

COE prices for cars close lower for Nov 6 exercise
06 Nov 2019 04:00PM (Updated: 06 Nov 2019 06:16PM)

SINGAPORE — Certificate of Entitlement (COE) prices closed mostly lower at the end of the latest bidding exercise on Wednesday (Nov 6).

Premiums for small cars (up to 1,600cc & 97kW) went down by 7.15 per cent to S$30,000.

Large cars (above 1,600cc or 97kW) saw premiums go down from S$41,805 in the previous bidding exercise to S$40,009.

For goods vehicles and buses, COE prices went down by 2.34 per cent to S$25,392.

In the motorcycle category, premiums went up to S$4,100, compared to S$3,889 in the previous bidding exercise.

And in the open category, which can be used for any types of vehicles, premiums went down by 4.57 per cent to S$40,101.

NUMBERS AT A GLANCE

Cat A (Cars up to 1,600cc & 97kW): S$30,000 (down from S$32,309)

Cat B (Cars above 1,600cc or 97kW): S$40,009 (down from S$41,805)

Cat C (Goods vehicles and buses): S$25,392 (down from S$26,001)

Cat D (Motorcycles): S$4,100 (up from S$3,889)

Cat E (Open category): S$40,101 (down from S$42,020)

Source: TODAY
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