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COE prices close mostly higher in first bidding exercise of 2019

COE prices close mostly higher in first bidding exercise of 2019
09 Jan 2019 04:00PM (Updated: 09 Jan 2019 10:44PM)

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

Premiums for small cars (up to 1600cc & 97kW) went up by 1.64 per cent to S$25,920.

Large cars (above 1600cc or 97kW) saw premiums go up from S$31,001 in the previous bidding exercise to S$32,200 in the latest.

In the goods vehicles and buses category, prices stayed more or less the same at around S$27,000.

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For motorcycles, premiums went down to S$3,610, compared with S$3,789 in the previous bidding exercise.

Finally, in the open category, which can be used for any type of vehicles, premiums went up by 3.46 per cent to S$32,909.

NUMBERS AT A GLANCE:

Cat A (Cars up to 1600cc & 97kW): S$25,920 (up from S$25,501)

Cat B (Cars above 1600cc or 97kW): S$32,200 (up from S$31,001)

Cat C (Goods vehicles and buses): S$27,002 (up from S$27,001)

Cat D (Motorcycles): S$3,610 (down from S$3,789)

Cat E (Open category): S$32,909 (up from S$31,809)

Source: TODAY
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