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COE prices rise across all categories except goods vehicles and buses

SINGAPORE — Certificate of Entitlement (COE) prices closed mostly higher at the end of the latest bidding exercise on Wednesday (March 20).

COE prices rise across all categories except goods vehicles and buses
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SINGAPORE — Certificate of Entitlement (COE) prices closed mostly higher at the end of the latest bidding exercise on Wednesday (March 20).

Premiums for small cars (up to 1,600cc & 97kW) or fully electric cars with output of up to 110kW rose 3 per cent from S$83,000 in the last exercise to S$85,489 now.

For large cars (above 1,600cc or 97kW) or fully electric cars with output over 110kW, premiums edged up just S$1 from S$96,010 to S$96,011.

In the motorcycle category, premiums went up to S$9,689 from S$9,400.

In the Open category, which can be used for any type of vehicle except motorcycles, premiums increased by 0.89 per cent to S$95,856.

And for goods vehicles and buses, COE prices dropped 7.26 per cent from S$75,599 to S$70,112.

A total of 4,186 bids were received, with a quota of 2,472 COEs available.

NUMBERS AT A GLANCE:

  • Cat A (Cars up to 1,600cc & 97kW or fully electric cars with output of up to 110kW): S$85,489 (up from S$83,000)
  • Cat B (Cars above 1,600cc or 97kW or fully electric cars with output over 110kW): S$96,011 (up from S$96,010)
  • Cat C (Goods vehicles and buses): S$70,112 (down from S$75,599)
  • Cat D (Motorcycles): S$9,689 (up from S$9,400)
  • Cat E (Open category): S$95,856 (up from S$95,010)

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