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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 (April 3).

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 (April 3).

Premiums for small cars (up to 1600cc & 97kW) or fully electric cars with output of up to 110kW went up by 4.11 per cent to S$89,000.

Large cars (above 1600cc or 97kW) or fully electric cars with output over 110kW saw premiums increased from S$96,011 in the previous bidding exercise to S$101,334.

Meanwhile, COE prices for goods vehicles and buses slid by 3.72 per cent to S$67,501.

In the motorcycle category, premiums rose to S$10,000, up from S$9,689 in the previous bidding exercise.

Finally, in the Open category, which can be used for any type of vehicles except motorcycles, premiums went up by 5.37 per cent to S$101,002.

A total of 4,438 bids were received, with a quota of 2,509 COEs available.

NUMBERS AT A GLANCE:

  • Cat A (Cars up to 1600cc & 97kW or fully electric cars with output of up to 110kW): S$89,000 (up from S$85,489)
  • Cat B (Cars above 1600cc or 97kW or fully electric cars with output over 110kW): S$101,334 (up from S$96,011)
  • Cat C (Goods vehicles and buses): S$67,501 (down from S$70,112)
  • Cat D (Motorcycles): S$10,000 (up from S$9,689)
  • Cat E (Open category): S$101,002 (up from S$95,856)

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