COE Premiums End Mixed In Second COE Bidding Exercise of June 2024

COE Premiums End Mixed In Second COE Bidding Exercise of June 2024

Gerald Yuen
Gerald Yuen
21 Jun 2024

The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$90,889, an increase of S$2,689 from the previous tender.

Premiums for large cars in Category B (above 1,600cc or 97kW) ended higher at S$102,334, an increase of S$1,727 from the previous result.

COEs for commercial vehicles, including goods vehicles and buses, decreased by S$689 to S$69,900.

In the motorcycle category, the premium experienced an increase of S$13, to S$9,002.

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$1,600, to S$100,000.

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