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COE prices fall across all categories

LaksaNews

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SINGAPORE: Certificate of Entitlement (COE) premiums fell across all categories in the latest bidding exercise on Wednesday (Dec 18).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$32,889, down from S$33,009 in the last exercise.
AdvertisementAdvertisementPremiums for larger and more powerful cars in Category B fell to S$36,000 from S$37,900.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$23,200 from S$23,704 in the previous bidding exercise.
Motorcycle premiums closed at S$3,658, down from S$3,789 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$37,989 from S$38,889.
AdvertisementAdvertisementA total of 4,294 bids were received, with a quota of 3,443 COEs available.
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