COE Premiums End Mixed In Second Bidding Exercise Of March 2023
The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$93,503, an increase of S$5,503 from the previous tender.
Premiums for large cars in Category B (above 1,600cc or 97kW) ended higher at S$116,201, an increase of S$700 from the previous result.
COEs for commercial vehicles, including goods vehicles and buses, decreased by S$5,712 to S$85,389.
In the motorcycle category, premiums went down by S$389, to 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$20, to S$116,020.
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