COE prices rise across the board, with Cat B premiums up by S$7,488

SINGAPORE — Certificate of Entitlement (COE) prices rose across all categories at the end of the latest bidding exercise on Wednesday (Feb 23).

Premiums for small cars (up to 1,600cc & 97kW) climbed up by 3.68 per cent to S$63,000.

Those for large cars (above 1,600cc or 97kW) increased from S$86,102 in the previous bidding exercise to S$93,590, a jump of 8.7 per cent.

For goods vehicles and buses, COE prices went up by 5.68 per cent to S$46,501.

In the motorcycle category, premiums went up to S$10,589, compared to S$10,010 in the previous bidding exercise.

And in the open category, which can be used for any type of vehicles, premiums went up by 7.01 per cent to S$93,102.

NUMBERS AT A GLANCE:

Cat A (Cars up to 1600cc & 97kW): S$63,000 (up from S$60,761)

Cat B (Cars above 1600cc or 97kW): S$93,590 (up from S$86,102)

Cat C (Goods vehicles and buses): S$46,501 (up from S$44,001)

Cat D (Motorcycles): S$10,589 (up from S$10,010)

Cat E (Open category): S$93,102 (up from S$87,000)