COE Premiums Fall In All Categories In First COE Bidding Exercise of June 2024

COE Premiums Fall In All Categories In First COE Bidding Exercise of June 2024

Gerald Yuen
Gerald Yuen
05 Jun 2024

The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$88,200, a decrease of S$4,500 from the previous tender.

Premiums for large cars in Category B (above 1,600cc or 97kW) ended lower at S$100,607, a decrease of S$5,082 from the previous result.

COEs for commercial vehicles, including goods vehicles and buses, decreased by S$1,412 to S$70,589.

In the motorcycle category, the premium experienced a decrease of S$322, to S$8,989.

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$3,402, to S$101,600.

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