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Cat B COE prices hit record high of S$112,001 as premiums mostly rise across the board

SINGAPORE — Certificate of Entitlement (COE) prices for big cars reached their highest ever level of S$112,001 on Wednesday (Aug 17) as premiums rose mostly across the board.

Cat B COE prices hit record high of S$112,001 as premiums mostly rise across the board
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SINGAPORE — Certificate of Entitlement (COE) prices for big cars reached their highest ever level of S$112,001 on Wednesday (Aug 17) as premiums rose mostly across the board.

The latest price in this category for large cars (above 1,600cc or 97kW), or fully electric cars with output over 110kW, was just S$2,000 shy of the highest COE price on record set last month in the open category. It was priced at S$107,001 in the previous bidding exercise.

Premiums for small cars (up to 1,600cc & 97kW), or fully electric cars with output of up to 110kW, went up by 9.86 per cent to S$87,889.

Meanwhile, goods vehicles and buses saw COE prices go up by 5.35 per cent to S$59,090.

In the motorcycle category, premiums went up to S$11,101, compared to S$11,000 in the previous bidding exercise.

Finally, in the open category, which can be used for any types of vehicles except motorcycles, premiums went down by 0.88 per cent to S$112,001.

NUMBERS AT A GLANCE:

Cat A (Cars up to 1,600cc & 97kW or fully electric cars with output of up to 110kW): S$87,889 (up from S$80,000)

Cat B (Cars above 1,600cc or 97kW or fully electric cars with output over 110kW): S$112,001 (up from S$107,001)

Cat C (Goods vehicles and buses): S$59,090 (up from S$56,089)

Cat D (Motorcycles): S$11,101 (up from S$11,000)

Cat E (Open category): S$112,001 (down from S$113,000)

Related topics

COE COE bidding vehicles cars motorcycles transport

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