COE premiums rise across three categories at end of latest bidding exercise

SINGAPORE — COE prices rose across three categories at the end of the latest bidding exercise on Wednesday (July 5).

Premiums for small cars (up to 1,600CC & 97KW) was unchanged at S$42,801.

Large cars (above 1,600CC OR 97KW) saw premiums go up from S$47,501 in the previous bidding exercise to S$49,802.

Meanwhile, goods vehicles and buses saw COE prices go up by 9.04 per cent to S$40,212.

In the motorcycle category, premiums were unchanged at S$6,001.

Finally, in the open category, which can be used for any types of vehicles, premiums went up by 3.95 per cent to S$49,899.

NUMBERS AT A GLANCE:

Cat A (Cars up to 1,600CC & 97KW): S$42,801 (unchanged)

Cat B (Cars above 1,600CC OR 97KW): S$49,802 (up from S$47,501)

Cat C (Goods vehicles and buses): S$40,212 (up from S$36,879)

Cat D (Motorcycles): S$6,001 (unchanged)

Cat E (Open category): S$49,899 (up from S$48,001)