COE prices increase for all categories except large cars
SINGAPORE — Certificate of Entitlement (COE) prices closed mostly higher at the end of the latest bidding exercise on Wednesday (March 6).
Premiums for small cars (up to 1,600cc & 97kW) or fully electric cars with output of up to 110kW rose by 8.1 per cent to S$83,000.
For large cars (above 1,600cc or 97kW) or fully electric cars with output over 110kW, premiums fell from S$97,000 in the previous bidding exercise to S$96,010.
COE prices for goods vehicles and buses increased by 3.6 per cent to S$75,599.
In the motorcycle category, premiums rose to S$9,400, compared to S$8,911 in the previous bidding exercise.
And in the Open category, which can be used for any type of vehicles except motorcycles, premiums went up by 1.07 per cent to S$95,010.
A total of 4,170 bids were received, with a quota of 2,550 COEs available.
NUMBERS AT A GLANCE:
- Cat A (Cars up to 1,600cc & 97kW or fully electric cars with output of up to 110kW): S$83,000 (up from S$76,801)
- Cat B (Cars above 1,600cc or 97kW or fully electric cars with output over 110kW): S$96,010 (down from S$97,000)
- Cat C (Goods vehicles and buses): S$75,599 (up from S$73,001)
- Cat D (Motorcycles): S$9,400 (up from S$8,911)
- Cat E (Open category): S$95,010 (up from S$94,006)
