COE prices rise across all vehicle categories except for motorcycles

SINGAPORE — Certificate of Entitlement (COE) prices closed mostly higher at the end of the latest bidding exercise on Wednesday (April 17).

Premiums for small cars (up to 1,600cc & 97kW) or fully electric cars with output of up to 110kW went up by 5.63 per cent to S$94,010.

For large cars (above 1,600cc or 97kW) or fully electric cars with output over 110kW, premiums rose from S$101,334 in the previous bidding exercise to S$102,001.

COE prices for goods vehicles and buses climbed up slightly by 1.48 per cent to S$68,502.

And in the open category, which can be used for any type of vehicles except motorcycles, premiums went up by 2.22 per cent to S$103,249.

In the motorcycle category, premiums dipped a bit to S$9,990, compared to S$10,000 in the last bidding exercise.

A total of 3,624 bids were received, with a quota of 2,498 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$94,010 (up from S$89,000)

Cat B (Cars above 1,600cc or 97kW or fully electric cars with output over 110kW): S$102,001 (up from S$101,334)

Cat C (Goods vehicles and buses): S$68,502 (up from S$67,501)

Cat D (Motorcycles): S$9,990 (down from S$10,000)

Cat E (Open category): S$103,249 (up from S$101,002)