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Singapore

COE prices rise across all categories at end of Oct 20 bidding exercise

COE prices rise across all categories at end of Oct 20 bidding exercise
20 Oct 2021 04:15PM

SINGAPORE — Certificate of Entitlement (COE) prices rose across all categories at the end of the latest bidding exercise on Wednesday (Oct 20).

Premiums for small cars (up to 1,600cc & 97kW) went up by 12.14 per cent to S$52,709.

Large cars (above 1,600cc or 97kW) saw premiums go up from S$70,200 in the previous bidding exercise to S$80,210.

Meanwhile, goods vehicles and buses saw COE prices go up by 4.14 per cent to S$40,501.

In the motorcycle category, premiums went up to S$9,310, compared to S$9,052 in the previous bidding exercise.

Finally, in the open category, which can be used for any types of vehicles, premiums went up by 16.83 per cent to S$85,000.

NUMBERS AT A GLANCE:

Cat A (Cars up to 1,600cc & 97kW): S$52,709 (up from S$47,001)

Cat B (Cars above 1,600cc or 97kW): S$80,210 (up from S$70,200)

Cat C (Goods vehicles and buses): S$40,501 (up from S$38,890)

Cat D (Motorcycles): S$9,310 (up from S$9,052)

Cat E (Open category): S$85,000 (up from S$72,756)

Source: TODAY
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