COE prices close mixed for May 8 bidding exercise
SINGAPORE — Certificate of Entitlement (COE) prices closed mixed at the end of the latest bidding exercise on Wednesday (May 8).
Premiums for small cars (up to 1,600cc & 97kW) went up by 10.56 per cent to S$36,704.
Large cars (above 1,600cc or 97kW) saw premiums go up from S$48,000 in the previous bidding exercise to S$48,010.
For goods vehicles and buses, COE prices went down by 10.76 per cent to S$28,559.
In the motorcycle category, premiums went down to S$3,352, compared to S$3,452 in the previous bidding exercise.
In the open category, which can be used for any types of vehicles, premiums went up by 0.18 per cent to S$52,502.
NUMBERS AT A GLANCE:
Cat A (Cars up to 1,600cc & 97kW): S$36,704 (up from S$33,199)
Cat B (Cars above 1,600cc or 97kW): S$48,010 (up from S$48,000)
Cat C (Goods vehicles and buses): S$28,559 (down from S$32,001)
Cat D (Motorcycles): S$3,352 (down from S$3,452)
Cat E (Open category): S$52,502 (up from S$52,410)