COE Premiums Increase Across All 5 Categories Again In First Bidding Exercise Of July 2022
Certificate of Entitlement (COE) premiums closed higher in all 5 categories once again in the latest bidding exercise on Wednesday (6 July).
The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$78,001, an increase of S$3,012.
Premiums for large cars in Category B (above 1,600cc or 97kW) ended higher at S$107,800, an increase of S$1,799 from the previous tender.
COEs for commercial vehicles, including goods vehicles and buses, increased by S$990 to S$54,001.
In the motorcycle category, premiums went up by S$587, to S$10,889.
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$6,124, to S$110,524.
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