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COE prices fall across all categories after May 23 bidding exercise

SINGAPORE — Certificate of Entitlement (COE) prices fell across all categories at the end of the latest bidding exercise on Thursday (May 23).

COE prices fall across all categories after May 23 bidding exercise
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SINGAPORE — Certificate of Entitlement (COE) prices fell across all categories at the end of the latest bidding exercise on Thursday (May 23).

Premiums for small cars (up to 1,600cc & 97kW) went down by 26.44 per cent to S$27,000.

Large cars (above 1,600cc or 97kW) saw premiums go down from S$48,010 in the previous bidding exercise to S$42,564.

Meanwhile, goods vehicles and buses saw COE prices go down by 4.06 per cent to S$27,400.

In the motorcycle category, premiums went down to S$3,202, compared to S$3,352 in the previous bidding exercise.

Finally, in the open category, which can be used for any types of vehicles, premiums went down by 10.48 per cent to S$47,000.

NUMBERS AT A GLANCE:

Cat A (Cars up to 1,600cc & 97kW): S$27,000 (down from S$36,704)

Cat B (Cars above 1,600cc or 97kW): S$42,564 (down from S$48,010)

Cat C (Goods vehicles and buses): S$27,400 (down from S$28,559)

Cat D (Motorcycles): S$3,202 (down from S$3,352)

Cat E (Open category): S$47,000 (down from S$52,502)

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