COE bidding

COE Madness in Singapore: A Wild Ride in March Bidding Results

Get ready for a rollercoaster of COE premiums! Find out what happened in the latest bidding exercise.

In the latest COE bidding exercise in Singapore, the price of Certificates of Entitlement (COEs) for mainstream cars surged, marking the largest increase among all categories. Category A closed at a whopping $83,000, while Category B reached $96,010, and Category C hit $75,599. However, there was a silver lining for Cat D, which closed at a more modest $9,400. The COE dragon indeed flapped its wings vigorously this March!

Despite the overall increase, there was a mixed bag of results in the latest COE bidding exercise. Premiums for most categories went up, except for large cars. Category A premiums rebounded to $83,000, while Category B saw a slight dip to $96,010. The Singapore COE market never fails to keep car buyers on their toes!

While many categories saw a rise in COE prices, there was one exception. Large cars witnessed no change in premiums, providing a glimmer of hope for buyers in that segment. The bidding exercise showcased the dynamic nature of the COE market, where fluctuations are the norm. Stay tuned for more surprises in the next round of bidding!

In a twist of fate, Category A premiums bounced back to $83,000, a significant jump from the previous bidding. On the other hand, Category B experienced a decrease, closing at $96,010. The COE saga continues in Singapore, keeping car enthusiasts and dealers on their toes.