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COE prices fall across all categories at end of Nov 4 bidding exercise

COE prices fall across all categories at end of Nov 4 bidding exercise
04 Nov 2020 04:47PM (Updated: 04 Nov 2020 04:50PM)

SINGAPORE — Certificate of Entitlement (COE) prices fell across all categories at the end of the latest bidding exercise on Wednesday (Nov 4).

Premiums for small cars (up to 1600cc & 97kW) went down by 3.6 per cent to S$35,990.

Large cars (above 1600cc or 97kW) saw premiums go down from S$40,990 in the previous bidding exercise to S$39,000.

Meanwhile, goods vehicles and buses saw COE prices go down by 6.74 per cent to S$31,502.

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

Finally, in the open category, which can be used for any types of vehicles, premiums went down by 0.98 per cent to S$39,500.

NUMBERS AT A GLANCE:

Cat A (Cars up to 1600cc & 97kW): S$35,990 (down from S$37,334)

Cat B (Cars above 1600cc or 97kW): S$39,000 (down from S$40,990)

Cat C (Goods vehicles and buses): S$31,502 (down from S$33,778)

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

Cat E (Open category): S$39,500 (down from S$39,889)

Source: TODAY
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