Skip to main content

Advertisement

Advertisement

Singapore

COE prices close higher in latest bidding exercise

COE prices close higher in latest bidding exercise

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

SINGAPORE: Certificate of Entitlement (COE) premiums closed higher across the board in the latest bidding exercise on Wednesday (Jan 20).

For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$43,501, up from S$40,609 in the last exercise.

Premiums for larger and more powerful cars in Category B rose to S$50,100 from S$49,001.

COEs for commercial vehicles, which include goods vehicles and buses, rose to S$40,999 from S$35,900 in the previous bidding exercise.

Motorcycle premiums closed at S$7,589, up from S$7,501 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$51,900 from S$49,489.

A total of 4,729 bids were received, with a quota of 3,379 COEs available.

Source: CNA/ga

Advertisement

Also worth reading

Advertisement