COE Premiums Decrease In 4 Out Of 5 Categories In Final Bidding Exercise Of 2022

COE Premiums Decrease In 4 Out Of 5 Categories In Final Bidding Exercise Of 2022

Gerald Yuen
Gerald Yuen
21 Dec 2022

The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$88,007, a decrease of S$496.

Premiums for large cars in Category B (above 1,600cc or 97kW) ended higher at S$108,006, an increase of S$2,505 from the previous tender.

COEs for commercial vehicles, including goods vehicles and buses, decreased by S$3,301 to S$78,200.

In the motorcycle category, premiums went down by S$410, to S$11,690.

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$924, to S$109,600.



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