COE premiums mostly down, Category A closes at S$122,000

COE premiums mostly down, Category A closes at S2,000


SINGAPORE: The Certificate of Entitlement (COE) premium for Category A cars closed at S$122,000 in the latest bidding exercise on Thursday (Oct 23), snapping a streak of three straight increases.

Category A COEs – for cars 1,600cc and below with horsepower not exceeding 130bhp – went down to S$122,000 from S$128,105 in the last exercise, a 4.8 per cent decrease.

Premiums for other categories also fell. 

Premiums for larger and more powerful cars in Category B fell to S$131,889, down 6.5 per cent from S$141,000.



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