COE prices close mostly lower for June 6 bidding exercise

SINGAPORE — Certificate of Entitlement (COE) prices closed mostly lower at the end of the latest bidding exercise on Thursday (June 6).

Premiums for small cars (up to 1,600cc & 97kW) went up by 11.14 per cent to S$30,009.

For large cars (above 1,600cc or 97kW), premiums went down from S$42,564 in the previous bidding exercise to S$39,728.

COE prices for goods vehicles and buses fell by 6.93 per cent to S$25,502.

In the motorcycle category, premiums went down to S$3,090, compared with S$3,202 in the previous bidding exercise.

In the open category, which can be used for any types of vehicles, premiums dropped 10.63 per cent to S$42,002.

NUMBERS AT A GLANCE:

Cat A (Cars up to 1,600cc & 97kW): S$30,009 (up from S$27,000)

Cat B (Cars above 1,600cc or 97kW): S$39,728 (down from S$42,564)

Cat C (Goods vehicles and buses): S$25,502 (down from S$27,400)

Cat D (Motorcycles): S$3,090 (down from S$3,202)

Cat E (Open category): S$42,002 (down from S$47,000)