COE prices close mixed in Jan 18 bidding exercise; small car premiums rise the most to S$86,000
SINGAPORE — Certificate of Entitlement (COE) prices closed mixed at the end of the bidding exercise on Wednesday (Jan 18), with premiums for small cars rising about 7 per cent.
Category A prices for cars up to 1,600cc and 97kW, or fully electric cars with output of up to 110kW, went up by 7.5 per cent to S$86,000.
For large cars (above 1,600cc or 97kW), or fully electric cars with output over 110kW, premiums climbed from S$102,002 in the previous bidding exercise to S$105,459.
In the goods vehicles and buses category, COE prices dipped by 0.25 per cent to S$77,109.
Premiums in the motorcycle category rose to S$11,101 from S$10,890 in the previous bidding exercise.
And in the open category, which can be used for any type of vehicles except motorcycles, premiums went down by 0.82 per cent to S$107,000.
NUMBERS AT A GLANCE:
Cat A (Cars up to 1,600cc & 97kW or fully electric cars with output of up to 110kW): S$86,000 (up from S$80,000)
Cat B (Cars above 1,600cc or 97kW or fully electric cars with output over 110kW): S$105,459 (up from S$102,002)
Cat C (Goods vehicles and buses): S$77,109 (down from S$77,301)
Cat D (Motorcycles): S$11,101 (up from S$10,890)
Cat E (Open category): S$107,000 (down from S$107,889)
