COE prices rise across all categories except goods vehicles and buses
SINGAPORE — Certificate of Entitlement (COE) prices closed mostly higher at the end of the latest bidding exercise on Wednesday (April 3).
Premiums for small cars (up to 1600cc & 97kW) or fully electric cars with output of up to 110kW went up by 4.11 per cent to S$89,000.
Large cars (above 1600cc or 97kW) or fully electric cars with output over 110kW saw premiums increased from S$96,011 in the previous bidding exercise to S$101,334.
Meanwhile, COE prices for goods vehicles and buses slid by 3.72 per cent to S$67,501.
In the motorcycle category, premiums rose to S$10,000, up from S$9,689 in the previous bidding exercise.
Finally, in the Open category, which can be used for any type of vehicles except motorcycles, premiums went up by 5.37 per cent to S$101,002.
A total of 4,438 bids were received, with a quota of 2,509 COEs available.
NUMBERS AT A GLANCE:
- Cat A (Cars up to 1600cc & 97kW or fully electric cars with output of up to 110kW): S$89,000 (up from S$85,489)
- Cat B (Cars above 1600cc or 97kW or fully electric cars with output over 110kW): S$101,334 (up from S$96,011)
- Cat C (Goods vehicles and buses): S$67,501 (down from S$70,112)
- Cat D (Motorcycles): S$10,000 (up from S$9,689)
- Cat E (Open category): S$101,002 (up from S$95,856)
