COE prices close mixed, motorcycle premiums up 4% to S$10,501
SINGAPORE — Certificate of Entitlement (COE) prices for cars, goods vehicles and buses fell slightly at the end of the latest bidding exercise on Wednesday (July 19).
Premiums for small cars (up to 1,600cc & 97kW) or fully electric cars with output of up to 110kW went down by 1.85 per cent to S$95,202.
Large cars (above 1,600cc or 97kW) or fully electric cars with output over 110kW saw premiums dip from S$118,002 in the previous bidding exercise to S$118,001.
Meanwhile, COE prices for goods vehicles and buses dropped by 0.27 per cent to S$82,001.
In the motorcycle category, premiums climbed by 4.07 per cent to S$10,501, compared to S$10,090 in the previous bidding exercise.
Finally, in the open category, which can be used for any types of vehicles except motorcycles, premiums rose by 0.92 per cent to S$122,110.
A total of 2,546 bids were received, with a quota of 1,792 available COEs.
NUMBERS AT A GLANCE:
Category A (Cars up to 1,600cc & 97kW or fully electric cars with output of up to 110kW): S$95,202 (down from S$97,000)
Category B (Cars above 1,600cc or 97kW or fully electric cars with output over 110kW): S$118,001 (down from S$118,002)
Category C (Goods vehicles and buses): S$82,001 (down from S$82,223)
Category D (Motorcycles): S$10,501 (up from S$10,090)
Category E (Open category): S$122,110 (up from S$121,000)
