COE price

For cars up to 1600cc and 130bhp, the COE premium went up by 4.5 per cent from $68501 to $71556. . Read more at straitstimes.com.

Even without genuine demand, it is easy to drive up prices. The COE quota for February to April this year was set at 10,452, the lowest since the February to April 2014 period, when 9,127 COEs were available. Compared with prices in September 2021, COE premiums in the latest bidding exercise were $24,556 higher in the smaller car category and $36,289 more for larger and more powerful cars. The category for goods vehicles and buses saw the premium increase by 5.3 per cent from $48,889 to $51,504. For cars up to 1,600cc and 130bhp, the COE premium went up by 4.5 per cent from $68,501 to $71,556. The COE price for cars with larger engines or more horsepower rose by 4.2 per cent from $94,889 to $98,889.