COE Premiums Fall Across Most Categories In Second COE Bidding Exercise of November 2024
Cat A dips further to S$89,889, while Cat B and E are at S$105,081 and S$107,501 respectively.
The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$89,889, a decrease of S$10,000 from the previous tender.
Premiums for large cars in Category B (above 1,600cc or 97kW) ended lower at S$105,081, a decrease of S$2,920 from the previous result.
COEs for commercial vehicles, including goods vehicles and buses, increased by S$660 to S$69,000.
In the motorcycle category, the premium experienced a decrease of S$420, to S$8,669.
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$1,499, to S$107,501.
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