COE

Catch the latest news reports on The Big Story, The Straits Times' weekday online news programme. Read more at straitstimes.com.

Economic growth is predicted to come in at 3.8 per cent for the full year, according to a quarterly survey of professional forecasters released by the Monetary Authority of Singapore on Wednesday. For cars above those criteria, the COE premium increased by 5 per cent from $95,889 to $100,684. The premium for cars with engines up to 1,600cc and 130bhp, or electric vehicles with power output of up to 110 kilowatts, rose by 8.5 per cent from $68,001 to $73,801.

SINGAPORE: Certificate of Entitlement (COE) premiums for Category B and the Open Category are at their highest since 1994, with both closing at above ...

This category also includes fully electric cars with maximum power output up to 110kW, or 147bhp. For Category A cars - or those 1,600cc and below with horsepower not exceeding 130bhp - premiums closed at S$73,801, up from S$68,001 in the last exercise. Category B is for cars with engine capacity above 1,600cc or with horsepower above 130bhp, and now also includes fully electric cars with maximum power output above 110kW.

SINGAPORE — Certificate of Entitlement (COE) prices in the open category and for large cars have crossed the S$100000 threshold, a level not seen since ...

Cat D: S$10,000 (up from S$9,490) Cat B: S$100,684 (up from S$95,889) Cat A: S$73,801 (up from S$68,001)

This is the first time COE prices have crossed the mark since December 1994. Read more at straitstimes.com.

In December 1994, the COE premium was $110,500 for cars above 2,000cc. In the three months that followed, premiums fell significantly as the Government rolled out measures to stop COE speculation. "With the COE alone costing $100,000, how much do you need to afford a new car today?" Premiums in the other three categories also rose. Such activities tend to boost sales. They also attributed the rise to various brands holding road shows and online promotions to close deals.

SINGAPORE — Certificate of Entitlement (COE) prices in the open category and for large cars have crossed the S$100000 threshold, a level not seen since ...

Cat D: S$10,000 (up from S$9,490) Cat B: S$100,684 (up from S$95,889) Cat A: S$73,801 (up from S$68,001)

The right to even own a car in Singapore has surged to a record, adding to the cost of living in the city-state. In the latest round of bidding, ...

Singapore requires motorists to have the COE for the right to own and operate a vehicle for 10 years, after which, they are required to renew it to continue using the car. In the latest round of bidding, the certificate of entitlement (COE) premiums for motor vehicles breached the S$100,000 mark for the first time in history. (June 8): The right to even own a car in Singapore has surged to a record, adding to the cost of living in the city-state.

SINGAPORE — An unwavering demand for cars in spite of high prices, coupled with an influx of high-income expatriates, have pushed the cost of Certificate of ...

That year, he said, will be the 10-year COE expiration mark for cars registered around late 2013. A motorist may later renew the COE for another five or 10 years, depending on the vehicle category and its statutory lifespan. Some multinational companies and foreign firms have also been relocating their senior employees who are used to having their own cars, the assistant professor at Singapore Management University said. This means that car dealers would have collected more orders since the last bidding. They just want to get their vehicles,” he said. A COE is required to own and drive a vehicle in Singapore and it is typically factored into the price of the vehicle being sold.

SINGAPORE — An unwavering demand for cars in spite of high prices, coupled with an influx of high-income expatriates, have pushed the cost of Certificate of ...

That year, he said, will be the 10-year COE expiration mark for cars registered around late 2013. A motorist may later renew the COE for another five or 10 years, depending on the vehicle category and its statutory lifespan. This means that car dealers would have collected more orders since the last bidding. The current price of COE will then continue rising and stop only when the number of bidders is equivalent to the number of COEs available. They just want to get their vehicles,” he said. A COE is required to own and drive a vehicle in Singapore and it is typically factored into the price of the vehicle being sold.

The COE premiums for the Category B and Open Category have risen to the highest in almost 30 years, closing above $100000 on 8 June 2022.

You can select 'Manage settings' for more information and to manage your choices. You can change your choices at any time by visiting Your Privacy Controls. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Click here to find out more about our partners. - Information about your device and internet connection, including your IP address

SINGAPORE, June 9 — An unwavering demand for cars in spite of high prices, coupled with an influx of high-income expatriates, have pushed the cost of ...

That year, he said, will be the 10-year COE expiration mark for cars registered around late 2013. He added that although the demand for larger cars in Category B remains strong, buyers of such cars in the lower-end of the category will be deterred from buying if COE prices keep climbing higher. This means that car dealers would have collected more orders since the last bidding. They just want to get their vehicles,” he said. As for what lies ahead, independent car broker Steven Lim said that COE prices will likely continue on its uptrend for the rest of the year. On Wednesday, COE prices for Category B hit S$100,684, up from S$95,889 in the last exercise, while prices for the open category hit S$100,697, up from S$95,901.

Yesterday, COE prices in Category B (for large cars above 1,600 cc or 130 bhp and electric vehicles (EVs) with an output over 110 kW) climbed to SGD100,684 ( ...

While demand for larger cars in Category B is strong, buyers of such vehicles in the lower-end of the category could be deterred by rising COE prices. Industry observers said that high demand as well as a tight supply of COEs would likely keep prices elevated for the rest of the year. The last time the COE was priced above SGD100k was in December 1994, when premiums in the then Category Four classification cost SGD$110,500 (RM352,600 at current exchange rate), Today reports.