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COE premiums close lower in latest bidding exercise

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SINGAPORE: Certificate of Entitlement (COE) premiums closed lower in the latest bidding exercise on Thursday (Aug 23).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$31,997, down from S$33,798 in the last exercise.
AdvertisementPremiums for larger and more powerful cars in Category B fell to S$32,429 from S$34,381.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell to S$32,311 from S$33,420.
Motorcycle premiums closed at S$4,889, down from S$5,514 in the last exercise.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$29,902 from S$30,389 in the previous bidding exercise.

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