COE Premiums End Mixed In Second Bidding Exercise of June 2023
More than S$24,000 separates Cat A and B premiums.
The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$96,206, a decrease of S$1,795 from the previous tender.
Premiums for large cars in Category B (above 1,600cc or 97kW) ended higher at S$121,000, an increase of S$298 from the previous result.
COEs for commercial vehicles, including goods vehicles and buses, increased by S$1,339 to S$83,140.
In the motorcycle category, the premium experienced a decrease of S$292, to S$10,709.
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$2,111, to S$123,000.
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