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COE premiums fall across all categories in latest bidding exercise

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SINGAPORE: Certificate of Entitlement (COE) premiums closed lower across all categories in the latest bidding exercise on Wednesday (Feb 21).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$36,810, down from S$40,000 in the last exercise.
Premiums for larger and more powerful cars in Category B fell to S$39,000 from S$42,322.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell to S$38,801 from S$39,903.
Motorcycle premiums closed at S$7,667, down from the record high of S$8,451 in the last exercise.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$36,859 from S$38,303 in the previous bidding exercise.
AdvertisementAdvertisementA total of 6,595 bids were received, with a quota of 4,373 COEs available.
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