COE Premiums Increase Across All 5 Categories Again In Second Bidding Exercise Of July 2022
The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$78,899, an increase of S$898.
Premiums for large cars in Category B (above 1,600cc or 97kW) ended higher at S$110,003, an increase of S$2,203 from the previous tender.
COEs for commercial vehicles, including goods vehicles and buses, increased by S$888 to S$54,889.
In the motorcycle category, premiums went up by S$21, to S$10,910.
In the open category (Category E), which can be used for any type of vehicles but often end up being used for big cars, premiums increased by S$3,477, to S$114,001.