COE Premiums Closed Mixed In First Bidding Exercise Of February 2023
Certificate of Entitlement (COE) premiums closed mixed in all 5 categories in the first bidding exercise of February 2023 (8 February).
The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$86,000, unchanged from the previous tender.
Premiums for large cars in Category B (above 1,600cc or 97kW) ended higher at S$105,524, an increase of S$65 from the previous result.
COEs for commercial vehicles, including goods vehicles and buses, increased by S$8,010 to S$85,119.
In the motorcycle category, premiums went up by S$501, to S$11,602.
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 decreased by S$1,998, to S$105,002.
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