COE prices mostly fall after Feb 5 bidding exercise
SINGAPORE — Certificate of Entitlement (COE) prices closed mostly lower at the end of the latest bidding exercise on Wednesday (Feb 5).
Premiums for small cars (up to 1,600cc & 97kW) went down by 14.28 per cent to S$30,010.
Large cars (above 1,600cc or 97kW) saw premiums go down from S$37,705 in the previous bidding exercise to S$30,890.
For goods vehicles and buses, COE prices went up slightly by 0.05 per cent to S$25,013.
In the motorcycle category, premiums went down to S$4,401, compared to S$4,610 in the previous bidding exercise.
In the open category, which can be used for any types of vehicles, premiums went down by 6.93 per cent to S$34,900.
NUMBERS AT A GLANCE
Cat A (Cars up to 1,600cc & 97kW): S$30,010 (down from S$35,010)
Cat B (Cars above 1,600cc or 97kW): S$30,890 (down from S$37,705)
Cat C (Goods vehicles and buses): S$25,013 (up from S$25,001)
Cat D (Motorcycles): S$4,401 (down from S$4,610)
Cat E (Open category): S$34,900 (down from S$37,500)