COE prices close mostly lower at end of May 19 bidding exercise

SINGAPORE — Certificate of Entitlement (COE) prices closed mostly lower at the end of the latest bidding exercise on Wednesday (May 19).

Premiums for small cars (up to 1,600cc & 97kW) went down by 12.92 per cent to S$41,801.

For large cars (above 1,600cc or 97kW), premiums dropped from S$60,001 in the previous bidding exercise to S$58,089.

For goods vehicles and buses, COE prices went down by 3.02 per cent to S$41,701.

In the motorcycle category, premiums went up to S$8,701, compared to S$8,011 in the previous bidding exercise.

And in the open category, which can be used for any type of vehicles, premiums went down by 1.59 per cent to S$62,000.

NUMBERS AT A GLANCE:

Cat A (Cars up to 1,600cc & 97kW): S$41,801 (down from S$48,002)

Cat B (Cars above 1,600cc or 97kW): S$58,089 (down from S$60,001)

Cat C (Goods vehicles and buses): S$41,701 (down from S$43,001)

Cat D (Motorcycles): S$8,701 (up from S$8,011)

Cat E (Open category): S$62,000 (down from S$63,002)