COE premiums close mixed in first bidding exercise of 2026
Prices for Category A cars closed lower at S$102,009, while premiums for Category B cars rose to S$119,100.
A view of traffic in Singapore. (File photo: CNA/Lan Yu)
This audio is generated by an AI tool.
SINGAPORE: Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Wednesday (Jan 7), with Category A prices recording the sharpest decline.
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$102,009, down 6.8 per cent from S$109,501 in the last exercise.
Premiums for larger and more powerful cars in Category B rose by 3.5 per cent to S$119,100 from S$115,102.
COEs for commercial vehicles, which include goods vehicles and buses, fell 1.9 per cent to S$75,503 from S$77,003 in the previous bidding exercise.
Motorcycle premiums closed at S$8,689, up 7.5 per cent from S$8,081 in the last exercise.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose 2.5 per cent to S$122,000 from S$119,000.
A total of 4,347 bids were received, with a quota of 3,218 COEs available.
