COE prices closed mostly lower after July 22 bidding exercise

SINGAPORE — Certificate of Entitlement (COE) prices closed mostly lower at the end of the latest bidding exercise on Wednesday (July 22).

Premiums for small cars (up to 1,600cc & 97kW) went down by 2.45 per cent to S$32,699.

Large cars (above 1,600cc or 97kW) saw premiums go down from S$35,889 in the previous bidding exercise to S$35,001.

For goods vehicles and buses, COE prices dropped by 2.51 per cent to S$23,888.

In the motorcycle category, premiums went down to S$6,510, compared to S$7,702 in the previous bidding exercise.

Finally, in the open category, which can be used for any types of vehicles, premiums went up by 0.03 per cent to S$35,001.

NUMBERS AT A GLANCE

Cat A (Cars up to 1,600cc & 97kW): S$32,699 (down from S$33,520)

Cat B (Cars above 1,600cc or 97kW): S$35,001 (down from S$35,889)

Cat C (Goods vehicles and buses): S$23,888 (down from S$24,502)

Cat D (Motorcycles): S$6,510 (down from S$7,702)

Cat E (Open category): S$35,001 (up from S$34,989)