Certificate of Entitlement (COE) premiums ended mixed latest bidding exercise on Wednesday (December 22), with Category A prices up by 3.14 per cent, to its highest in six years.
Category A and B COE, Motorcycle premiums end higher
The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp increased by 3.14 per cent from S$57,010 and closed at $58,801 at the last tender on December 8.
Premiums for large cars (above 1,600cc or 97kW) also end higher in the latest tender, from $80,401 in the previous bidding exercise to $80,989.
In the motorcycle category, premiums also went up to S$9,601 from S$9,401 previously.
COE for Category C & E down
Meanwhile, COEs for commercial vehicles, including goods vehicles and buses, go down by 2.22 per cent to S$44,000.
And in the open category, which can be used for any type of vehicles, premiums also eased by 1.31 per cent to S$83,889.
Latest COE Prices (22 December 2021)
Category |
Current COE premium (S$) |
Previous COE premium (S$) |
% Difference |
|
A |
Car (1,600cc & below) | 58,801 | 57,010 | +3.14 |
B |
Car (above 1,600cc) | 80,989 | 80,401 | +0.73 |
C |
Goods vehicle & bus | 44,000 | 45,000 | -2.22 |
D |
Motorcycle | 9,601 | 9,401 | +2.13 |
E |
Open | 83,889 | 85,000 | -1.31 |
