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COE prices close mixed in latest bidding exercise

LaksaNews

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Singapore

COE prices close mixed in latest bidding exercise​

File photo of cars, motorcycles and goods vehicles on Singapore roads. (Photo: Jeremy Long)
04 Aug 2021 04:23PM

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SINGAPORE: Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Wednesday (Aug 4).

For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$45,189, down from S$47,010 in the last exercise.

Premiums for larger and more powerful cars in Category B fell to S$56,001 from S$59,501.

COEs for commercial vehicles, which include goods vehicles and buses, rose to S$42,589 from S$39,523 in the previous bidding exercise.

Motorcycle premiums closed at S$8,899, up from S$8,689 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$59,599 from S$60,001.

A total of 3,189 bids were received, with a quota of 2,342 COEs available.

Source: CNA/aj

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