COE prices fall across the board after Dec 18 bidding exercise

SINGAPORE — Certificate of Entitlement (COE) prices fell across all categories at the end of the latest bidding exercise on Wednesday (Dec 18).

Premiums for small cars (up to 1,600cc & 97kW) went down by 0.36 per cent to S$32,889.

Large cars (above 1,600cc or 97kW) saw premiums go down from S$37,900 in the previous bidding exercise to S$36,000.

Meanwhile, goods vehicles and buses saw COE prices go down by 2.13 per cent to S$23,200.

In the motorcycle category, premiums went down to S$3,658, compared to S$3,789 in the previous bidding exercise.

Finally, in the open category, which can be used for any types of vehicles, premiums went down by 2.31 per cent to S$37,989.

NUMBERS AT A GLANCE:

Cat A (Cars up to 1,600cc & 97kW): S$32,889 (down from S$33,009)

Cat B (Cars above 1,600cc or 97kW): S$36,000 (down from S$37,900)

Cat C (Goods vehicles and buses): S$23,200 (down from S$23,704)

Cat D (Motorcycles): S$3,658 (down from S$3,789)

Cat E (Open category): S$37,989 (down from S$38,889)