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COE premiums close lower for all categories in latest bidding exercise

LaksaNews

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SINGAPORE: Certificate of Entitlement (COE) premiums for all categories closed lower

For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$88,200 (US$65,480), down from S$92,700 in the last exercise.

Premiums for larger and more powerful cars in Category B fell to S$100,607 from S$105,689.

COEs for commercial vehicles, which include goods vehicles and buses, fell to S$70,589 from S$72,001 in the previous bidding exercise.

Motorcycle premiums closed at S$8,989, down from S$9,311 in the last exercise.

Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell to S$101,600 from S$105,002.

A total of 3,722

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