Most COE Premiums Rise In First COE Bidding Exercise of March 2024
Cat A COE climbs to 83k, while Cat E COE sits at 95k.
The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$83,000, an increase of S$6,199 from the previous tender.
Premiums for large cars in Category B (above 1,600cc or 97kW) ended lower at S$96,010, a decrease of S$990 from the previous result.
COEs for commercial vehicles, including goods vehicles and buses, increased by S$2,598 to S$75,599.
In the motorcycle category, the premium experienced an increase of S$489, to S$9,400.
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$1,004, to S$95,010.
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