COE prices rise across the board after Jan 8 bidding exercise

SINGAPORE — Certificate of Entitlement (COE) prices rose across all categories at the end of the latest bidding exercise on Wednesday (Jan 8).

Premiums for small cars (up to 1,600cc & 97kW) went up by 7.39 per cent to S$35,320.

Large cars (above 1,600cc or 97kW) saw premiums go up from S$36,000 in the previous bidding exercise to S$37,109.

Meanwhile, goods vehicles and buses saw COE prices go up by 5.18 per cent to S$24,402.

In the motorcycle category, premiums went up to S$3,989, compared to S$3,658 in the previous bidding exercise.

Finally, in the open category, which can be used for any types of vehicles, premiums went up by 0.03 per cent to S$38,000.

NUMBERS AT A GLANCE

Cat A (Cars up to 1,600cc & 97kW): S$35,320 (up from S$32,889)

Cat B (Cars above 1,600cc or 97kW): S$37,109 (up from S$36,000)

Cat C (Goods vehicles and buses): S$24,402 (up from S$23,200)

Cat D (Motorcycles): S$3,989 (up from S$3,658)

Cat E (Open category): S$38,000 (up from S$37,989)