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

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

Gerald Yuen
Gerald Yuen
26 May 2024

The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$92,700, a decrease of S$904 from the previous tender.

Premiums for large cars in Category B (above 1,600cc or 97kW) ended higher at S$105,689, an increase of S$687 from the previous result.

COEs for commercial vehicles, including goods vehicles and buses, increased by S$2,000 to S$72,001.

In the motorcycle category, the premium experienced a decrease of S$192, to S$9,311.

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$313, to S$105,002.


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