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 (March 20).
Premiums for small cars (up to 1,600cc & 97kW) or fully electric cars with output of up to 110kW rose 3 per cent from S$83,000 in the last exercise to S$85,489 now.
For large cars (above 1,600cc or 97kW) or fully electric cars with output over 110kW, premiums edged up just S$1 from S$96,010 to S$96,011.
In the motorcycle category, premiums went up to S$9,689 from S$9,400.
In the Open category, which can be used for any type of vehicle except motorcycles, premiums increased by 0.89 per cent to S$95,856.
And for goods vehicles and buses, COE prices dropped 7.26 per cent from S$75,599 to S$70,112.
A total of 4,186 bids were received, with a quota of 2,472 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$85,489 (up from S$83,000)
- Cat B (Cars above 1,600cc or 97kW or fully electric cars with output over 110kW): S$96,011 (up from S$96,010)
- Cat C (Goods vehicles and buses): S$70,112 (down from S$75,599)
- Cat D (Motorcycles): S$9,689 (up from S$9,400)
- Cat E (Open category): S$95,856 (up from S$95,010)
