COE prices fall across all categories; premiums for large cars slump 15%
SINGAPORE — Certificate of Entitlement (COE) prices fell across all categories at the end of the latest bidding exercise on Wednesday (Dec 20).
SINGAPORE — Certificate of Entitlement (COE) prices fell across all categories at the end of the latest bidding exercise on Wednesday (Dec 20).
Premiums for small cars (up to 1,600cc & 97kW) or fully electric cars with output of up to 110kW fell by 3.43 per cent to S$85,000.
Premiums for large cars (above 1,600cc or 97kW) or fully electric cars with output over 110kW slumped 15 per cent to S$110,001.
For goods vehicles and buses, COE prices dipped by 2.22 per cent to S$69,423.
In the motorcycle category, prices went down 8.6 per cent to S$9,002.
And in the Open category, which can be used for any type of vehicles except motorcycles, premiums sank by 11.25 per cent to S$118,388.
NUMBERS AT A GLANCE:
Cat A (Cars up to 1,600cc & 97kW or fully electric cars with output of up to 110kW): S$85,000 (down from S$88,020)
Cat B (Cars above 1,600cc or 97kW or fully electric cars with output over 110kW): S$110,001 (down from S$130,100)
Cat C (Goods vehicles and buses): S$69,423 (down from S$71,001)
Cat D (Motorcycles): S$9,002 (down from S$9,858)
Cat E (Open category): S$118,388 (down from S$133,388)