COE prices fall across all categories at end of June 23 bidding exercise

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

Premiums for small cars (up to 1,600cc & 97kW) went down by 1.42 per cent to S$47,821.

For large cars (above 1,600cc or 97kW), premiums also went down from S$60,109 in the previous bidding exercise to S$56,032.

COE prices for goods vehicles and buses dropped slightly by 0.01 per cent to S$37,000.

In the motorcycle category, premiums went down to S$8,501, compared to S$8,703 in the previous bidding exercise.

And in the open category, which can be used for any type of vehicles, premiums went down by 5.09 per cent to S$58001.

NUMBERS AT A GLANCE:

Cat A (Cars up to 1,600cc & 97kW): S$47,821 (down from S$48,510)

Cat B (Cars above 1,600cc or 97kW): S$56,032 (down from S$60,109)

Cat C (Goods vehicles and buses): S$37,000 (down from S$37,002)

Cat D (Motorcycles): S$8,501 (down from S$8,703)

Cat E (Open category): S$58,001 (down from S$61,112)