The COE price for smaller and less powerful cars and EVs dipped by 2.3 per cent to $88503. Read more at straitstimes.com.
The premium for this type of COE fell by 7.4 per cent to end at $105,501, In the motorcycle category, the COE premium ended at $12,100, down 3.9 per cent from $12,589. Commercial vehicle COE price came down slightly by 0.37 per cent to end at $81,501, below the record of $81,802 posted at the last tender.
SINGAPORE: Certificate of Entitlement (COE) premiums closed lower across the board in the latest bidding exercise on Wednesday (Dec 7), with Category A ...
COE prices for commercial vehicles, which include goods vehicles and buses, fell to S$81,501 from S$81,802 in the previous bidding exercise. For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$88,503, down from S$90,589 in the last exercise, where it exceeded the S$90,000 mark for the first time since January 2013. SINGAPORE: Certificate of Entitlement (COE) premiums closed lower across the board in the latest bidding exercise on Wednesday (Dec 7), with Category A falling
SINGAPORE โ Certificate of Entitlement (COE) prices fell across all vehicle categories at the end of the latest bidding exercise on Wednesday (Dec 7), ...
Cat B (Cars above 1,600cc or 97kW or fully electric cars with output over 110kW): S$105,501 (down from S$113,881) Cat A (Cars up to 1,600cc & 97kW or fully electric cars with output of up to 110kW): S$88,503 (down from S$90,589) Large cars (1,600cc or 97kW) or fully electric cars with output over 110kW saw premiums fall from S$113,881 in the previous bidding exercise to S$105,501.
In the 1st COE bidding exercise for December 2022, Cat A closed at $88503, Cat B at $105501, Cat C at $81501, Cat D at $12100, and Cat E at $110524.
The number of unsuccessful bids this round exceeded the available quota by 79 per cent. This slip in premiums for the category has brought the current price to 6.8 per cent above the 12-month trailing average. Those looking to renew the COE on their cars will thus have to pay the following prices for the respective months. Premiums in the category fell by $8,380 (7.4 per cent) this session to settle at $105,501. This slip sees premiums for the category now standing at 20.8 per cent above the 12-month trailing average. The total number of bids submitted this session exceeded the number of unsuccessful bids this round by 34 per cent, lower than the 12-month average of 41 per cent for the category.