COE Premiums End Mixed In First Bidding Exercise Of April 2023
The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$96,501, an increase of S$2,998 from the previous tender.
Premiums for large cars in Category B (above 1,600cc or 97kW) ended higher at S$118,501, an increase of S$2,300 from the previous result.
COEs for commercial vehicles, including goods vehicles and buses, decreased by S$8,588 to S$76,801.
In the motorcycle category, the premium was unchanged at S$12,001.
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$2,970, to S$118,990.
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