COE Premiums Mostly Higher In First Bidding Exercise Of 2019

COE Premiums Mostly Higher In First Bidding Exercise Of 2019

Certificate of entitlement (COE) prices ended mostly higher yesterday (January 9).

Category B vehicles, which refer to those above 1600cc or 130bhp, had the highest increase in premiums, rising S$1,199 from S$31,335 to S$32,200.

Category A cars, which are those up to 1600cc, closed at S$25,920 – an increase of $419 from the last bidding exercise.

Open COE premiums rose to S$32,909 from S$31,809.

Premiums for commercial vehicles inched upwards by S$1 to S$27,002.

Motorcycle premiums were the only category that experienced a decrease, by S$179 to S$3,610.

The Singapore Motorshow, happening from January 10 to 13, is expected to raise sales interest and drive demand for COEs.

The latest COE results are as follows:

CategoryCurrent COE premium (S$)Previous COE premium (S$)
A - Car (1,600cc & below)25,92025,501
B - Car (above 1,600cc)32,20031,001
C - Goods vehicle & bus27,00227,001
D - Motorcycle3,6103,789
E - Open32,90931,809

[Source]

(Visited 33 times, 1 visits today)

Leave your comment

Comments