COE prices close mostly higher after Sept 9 bidding exercise

SINGAPORE — Certificate of Entitlement (COE) prices closed mostly higher at the end of the latest bidding exercise on Wednesday (Sept 9).

Premiums for small cars (up to 1,600cc & 97kW) went up by 5.76 per cent to S$37,766.

Large cars (above 1,600cc or 97kW) saw premiums go up from S$38,802 in the previous bidding exercise to S$41,510.

For goods vehicles and buses, COE prices went up by 6.55 per cent to S$26,644.

In the motorcycle category, premiums went down to S$7,399, compared to S$7,432 in the previous bidding exercise.

And in the open category, which can be used for any types of vehicles, premiums went up by 7.03 per cent to S$40,790.

NUMBERS AT A GLANCE

Cat A (Cars up to 1,600cc & 97kW): S$37,766 (up from S$35,710)

Cat B (Cars above 1,600cc or 97kW): S$41,510 (up from S$38,802)

Cat C (Goods vehicles and buses): S$26,644 (up from S$25,006)

Cat D (Motorcycles): S$7,399 (down from S$7,432)

Cat E (Open category): S$40,790 (up from S$38,110)