COE prices close mixed in latest bidding exercise

SINGAPORE: Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Thursday (Jun 20).

For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$90,889 (US$67,200), up from S$88,200 in the last exercise.

Premiums for larger and more powerful cars in Category B rose to S$102,334 from S$100,607.

COEs for commercial vehicles, which include goods vehicles and buses, fell to S$69,900 from S$70,589 in the previous bidding exercise.

Motorcycle premiums closed at S$9,002, up from S$8,989 in the last exercise.

Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell to S$100,000 from S$101,600.

A total of 3,661 bids were received, with a quota of 2,551 COEs available.

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