SINGAPORE: “COE Prices End Mixed in Latest Bidding Exercise”, Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Thursday (Jun 20).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$90,889 (US$67,200), up from S$88,200 in the last exercise.
Premiums for larger and more powerful cars in Category B rose to S$102,334 from S$100,607.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$69,900 from S$70,589 in the previous bidding exercise.
Motorcycle premiums closed at S$9,002, up from S$8,989 in the last exercise.
The quota for Category A is up by 3 per cent, while COEs in Category B is up by 1.3 per cent. There is also 12.9 per cent more COEs for vehicles in Category E or the Open Category.
For Category C, the COE supply has increased by 5.3 per cent, while the quota for motorcycles in Category D remained unchanged.
