COE prices close mixed after March 18 bidding exercise

SINGAPORE — Certificate of Entitlement (COE) prices closed mixed at the end of the latest bidding exercise on Wednesday (March 18).

Premiums for small cars (up to 1,600cc & 97kW) went down by 4.55 per cent to S$31,210.

Large cars (above 1,600cc or 97kW) saw premiums go down from S$32,801 in the previous bidding exercise to S$30,012.

For goods vehicles and buses, COE prices dipped by 9.09 per cent to S$22,002.

In the motorcycle category, premiums went up to S$4,489, compared to S$4,310 in the previous bidding exercise.

In the open category, which can be used for any types of vehicles, premiums were unchanged at S$32,500.

NUMBERS AT A GLANCE

Cat A (Cars up to 1,600cc & 97kW): S$31,210 (down from S$32,699)

Cat B (Cars above 1,600cc or 97kW): S$30,012 (down from S$32,801)

Cat C (Goods vehicles and buses): S$22,002 (down from S$24,202)

Cat D (Motorcycles): S$4,489 (up from S$4,310)

Cat E (Open category): S$32,500 (unchanged from S$32,500)