COE prices close mostly higher at end of March 23 bidding exercise

SINGAPORE — Certificate of Entitlement (COE) prices closed mostly higher at the end of the latest bidding exercise on Wednesday (March 23).

Premiums for small cars (up to 1,600cc & 97kW) increased by 4.46 per cent to S$71,556.

For large cars (above 1,600cc or 97kW), premiums went up from S$94,889 in the previous bidding exercise to S$98,889.

For goods vehicles and buses, COE prices rose by 5.35 per cent to S$51,504.

In the motorcycle category, premiums went down to S$10,501, compared to S$11,400 in the previous bidding exercise.

And in the open category, which can be used for any type of vehicles, premiums went up by 0.12 per cent to S$99,010.

NUMBERS AT A GLANCE:

Cat A (Cars up to 1,600cc & 97kW): S$71,556 (up from S$68,501)

Cat B (Cars above 1,600cc or 97kW): S$98,889 (up from S$94,889)

Cat C (Goods vehicles and buses): S$51,504 (up from S$48,889)

Cat D (Motorcycles): S$10,501 (down from S$11,400)

Cat E (Open category): S$99,010 (up from S$98,890)