Skip to main content

Advertisement

Advertisement

COE premiums close mostly higher

SINGAPORE – Certificate of Entitlement (COE) premiums rose for all categories except for small cars in the latest bidding exercise today (Jan 21).

TODAY file photo

TODAY file photo

Follow us on Instagram and Tiktok, and join our Telegram channel for the latest updates.

SINGAPORE – Certificate of Entitlement (COE) premiums rose for all categories except for small cars in the latest bidding exercise today (Jan 21).

Premiums for small cars (up to 1,600cc and 97kW) fell S$65,001, down from S$66,010 in the previous exercise. Premiums for big cars (above 1,600cc and 97kW) closed higher at $76,889, up from S$75,289.

COE premiums for commercial vehicles, which include goods vehicles and buses, rose slightly to S$55,012 from S$55,011.

Premiums rose 11 per cent — the sharpest in this bidding exercise — for motorcycles. It jumped from S$4,403 to $4,889.

The Land Transport Authority (LTA) received a total of 3,170 bids at the end of the January second open bidding exercise, with a quota of 2,051 COEs available. Of these bids, 2,024 were successful.

Read more of the latest in

Advertisement

Popular

Advertisement

Stay in the know. Anytime. Anywhere.

Subscribe to get daily news updates, insights and must reads delivered straight to your inbox.

By clicking subscribe, I agree for my personal data to be used to send me TODAY newsletters, promotional offers and for research and analysis.