Local News: COE Results for August Round 1

Local News: COE Results for August Round 1

Following the reduction in COE quotas, COE prices have increased as expected. Taxis in Category E drive prices up.

OneShift Editorial Team
OneShift Editorial Team
08 Aug 2012

Predictably, Certificates of Entitlement (COE) prices have again risen following the reduced quotas.

Buyers shopping for Category A cars are hardest hit from the Cat A quota reduction as the reduced supply drives prices up by $4,845 this round.

Category B COEs have also recorded a $4,001 increase.

Perhaps a direct result of the reclassification of Taxis into Category E (Open Category), prices have spiked by $8,035.


The full results are as follows:

Category A (Cars below 1,600cc) : $73,501 (+7.1%)
Category B (Cars above1,600cc) : $94,502 (+4.4%)
Category C (Commercial Vehicles) : $57,001 (+2.1%)
Category D (Motorcycles) : $2,081 (+11.9%)
Category E (Open) : $95,034 (+9.2%)

A total of 1,018 Cat A, B and E certificates were awarded in this round’s bidding exercise compared to 1,327 in the last round. A total of 1,651 COEs were awarded.

Credits: JonathanTan

Local News
Other Articles
Explore moreright arrow
"Plug-in Hybrids have relevance in Singapore due to high-rise living": Interview with Liu Xueliang, General Manager, BYD Asia Pacific Auto Sales Division
You Can Now Order New Porsche 911 Carrera 4S Variants In Singapore
Range Rover Sport SV Black Edition Exudes A Broad-Shouldered Attitude
get quote bg
Sell your car at the highest price in Singapore
  • pros
    Convenient and Hassle-Free
  • pros
    Consumer Protection
  • pros

    Transparent Process
    With No Obligation