Skip to main content

Advertisement

Advertisement

Singapore

COE prices close mostly higher in latest bidding exercise

COE prices close mostly higher in latest bidding exercise

File photo of cars, motorcycles and heavy vehicles on Singapore roads. (Photo: Jeremy Long)

SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly higher in the latest bidding exercise on Wednesday (Aug 18).

For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$46,689, up from S$45,189 in the last exercise.

Premiums for larger and more powerful cars in Category B rose to S$61,001 from S$56,001.

COEs for commercial vehicles, which include goods vehicles and buses, fell to S$40,010 from S$42,589 in the previous bidding exercise.

Motorcycle premiums closed at S$9,500, up from S$8,899 in the last exercise.

Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose to S$64,901 from S$59,599.

A total of 3,455 bids were received, with a quota of 2,367 COEs available.

Source: CNA/ta(aj)

Advertisement

Also worth reading

Advertisement