COE prices rise across all categories at end of March 9 bidding exercise

SINGAPORE — Certificate of Entitlement (COE) prices rose across all categories at the end of the latest bidding exercise on Wednesday (March 9).

This is the fourth consecutive COE bidding since Jan 19 that premiums have risen across all categories of vehicles.

Premiums for small cars (up to 1,600cc & 97kW) went up by 8.73 per cent to S$68,501.

For large cars (above 1,600cc or 97kW), premiums increased from S$93,590 in the previous bidding exercise to S$94,889.

For goods vehicles and buses, COE prices rose by 5.14 per cent to S$48,889.

In the motorcycle category, premiums climbed to S$11,400, compared to S$10,589 in the previous bidding exercise.

Finally, in the open category, which can be used for any type of vehicles, premiums went up by 6.22 per cent to S$98,890.

NUMBERS AT A GLANCE:

Cat A (Cars up to 1,600cc & 97kW): S$68,501 (up from S$63,000)

Cat B (Cars above 1,600cc or 97kW): S$94,889 (up from S$93,590)

Cat C (Goods vehicles and buses): S$48,889 (up from S$46,501)

Cat D (Motorcycles): S$11,400 (up from S$10,589)

Cat E (Open category): S$98,890 (up from S$93,102)