SINGAPORE: Certificate of Entitlement (COE) premiums largely rebounded on Wednesday (Jan 18) in the second bidding exercise of the year. For Category A cars ...
Motorcycle premiums closed at S$11,101, up from S$10,890 in the last exercise. COE prices for commercial vehicles, which include goods vehicles and buses, fell to S$77,109 from S$77,301 in the previous bidding exercise. Premiums for larger and more powerful cars in Category B rose to S$105,549 from S$102,002.
The COE for small cars finished at $86000, up from $80000 at the previous tender. Read more at straitstimes.com.
The next tender is three weeks away - longer than the usual two-week gap, which usually means more vehicle sales. He added that the dip in Open premium was likely because of expectations of more certificates coming on stream from next month. Market watchers said there was no sign of Tesla or private-hire operators submitting aggressive bids this time. Industry watchers reckon this is a sign of lower confidence for upcoming tenders, with underlying demand set to dip further. โThe number of bids for Category A (cars up to 1,600cc) was actually fewer,โ he said. The COE premium for cars up to 1,600cc and 130bhp, as well as electric vehicles (EVs) with up to 110kW of power, finished 7.5 per cent higher at $86,000.
SINGAPORE โ Certificate of Entitlement (COE) prices closed mixed at the end of the bidding exercise on Wednesday (Jan 18), with premiums for small cars ...
Cat B (Cars above 1,600cc or 97kW or fully electric cars with output over 110kW): S$105,459 (up from S$102,002) Cat A (Cars up to 1,600cc & 97kW or fully electric cars with output of up to 110kW): S$86,000 (up from S$80,000) SINGAPORE โ Certificate of Entitlement (COE) prices closed mixed at the end of the bidding exercise on Wednesday (Jan 18), with premiums for small cars rising about 7 per cent.