SINGAPORE: Certificate of Entitlement (COE) premiums fell across all categories in the latest bidding exercise on Wednesday (Apr 20).
For the May to July bidding exercise, the supply will increase by 14.3 per cent to 11,951. Advertisement Advertisement
SINGAPORE โ Certificate of Entitlement (COE) prices fell across all categories at the end of the latest bidding exercise on Wednesday (April 20).
Cat D (Motorcycles): S$9,801 (down from S$10,503) Cat B (Cars above 1,600cc or 97kW): S$90,002 (down from S$98,389) Cat A (Cars up to 1,600cc & 97kW): S$68,699 (down from S$72,996)
LTA announced last week there will be 14.3 per cent more COEs available for bidding from May to July. . Read more at straitstimes.com.
However, the slightly more generous total quota that applies from the next exercise was seen as a factor in the latest bidding results. That category will be reduced by 4.2 per cent. This represents a 6.7 per cent fall from the previous round's $10,503.