SINGAPORE: Certificate of Entitlement (COE) premiums closed lower across the board in the latest bidding exercise on Wednesday (Feb 4).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$106,320 (US$83,700), down 2.9 per cent from S$109,501 in the last exercise.
Premiums for larger and more powerful cars in Category B110,890 from S$121,634.
COEs for commercial vehicles, which include goods vehicles and buses, decreased 0.5 per cent to S$74,801 from S$75,202 in the previous bidding exercise.
Motorcycle premiums closed at S$8,289, down 6.4 per cent from S$8,860 in the last exercise.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, dropped 4 per cent to116,000 from S$120,891.
A total of 4,475 bids were received, with a quota of 3,191
This is the first bidding exercise for the February to April period, during which the overall COE supply will fall compared to the previous three-month period for the first time since 2022, as announced by the Land Transport Authority in January.
A total of 18,824 COEs will be available for the next three months, down from 18,984 during the November 2025 to January 2026 period.
Continue reading...
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$106,320 (US$83,700), down 2.9 per cent from S$109,501 in the last exercise.
Premiums for larger and more powerful cars in Category B110,890 from S$121,634.
COEs for commercial vehicles, which include goods vehicles and buses, decreased 0.5 per cent to S$74,801 from S$75,202 in the previous bidding exercise.
Motorcycle premiums closed at S$8,289, down 6.4 per cent from S$8,860 in the last exercise.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, dropped 4 per cent to116,000 from S$120,891.
A total of 4,475 bids were received, with a quota of 3,191
This is the first bidding exercise for the February to April period, during which the overall COE supply will fall compared to the previous three-month period for the first time since 2022, as announced by the Land Transport Authority in January.
A total of 18,824 COEs will be available for the next three months, down from 18,984 during the November 2025 to January 2026 period.
Continue reading...