COE Premiums End Mixed In First COE Bidding Exercise of December 2024
Cat A climbs to S$94,000, while Cat B and E are at S$103,010 and S$104,001 respectively.
The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$94,000, an increase of S$4,111 from the previous tender.
Premiums for large cars in Category B (above 1,600cc or 97kW) ended lower at S$103,010, a decrease of S$2,071 from the previous result.
COEs for commercial vehicles, including goods vehicles and buses, increased by S$1,289 to S$70,289.
In the motorcycle category, the premium experienced a decrease of S$791, to S$7,878.
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$3,500, to S$104,001.
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