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Singapore

COE prices close mostly higher at end of Nov 18 bidding exercise

COE prices close mostly higher at end of Nov 18 bidding exercise
18 Nov 2020 03:33PM (Updated: 18 Nov 2020 04:34PM)

SINGAPORE — Certificate of Entitlement (COE) prices closed mostly higher at the end of the latest bidding exercise on Wednesday (Nov 18).

Premiums for small cars (up to 1600cc & 97kW) went up by 4.72 per cent to S$37,690.

Large cars (above 1600cc or 97kW) saw premiums go up from S$39,000 in the previous bidding exercise to S$41,101.

Meanwhile, goods vehicles and buses saw COE prices go down by 3.71 per cent to S$30,334.

In the motorcycle category, premiums went up to S$7,300, compared to S$7,251 in the previous bidding exercise.

Finally, in the open category, which can be used for any types of vehicles, premiums went up by 5.07 per cent to S$41,503.

NUMBERS AT A GLANCE:

Cat A (Cars up to 1600cc & 97kW): S$37,690 (up from S$35,990)

Cat B (Cars above 1600cc or 97kW): S$41,101 (up from S$39,000)

Cat C (Goods vehicles and buses): S$30,334 (down from S$31,502)

Cat D (Motorcycles): S$7,300 (up from S$7,251)

Cat E (Open category): S$41,503 (up from S$39,500)

Source: TODAY
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