COE Premiums Fall Across All Categories In First COE Bidding Exercise of November 2024
Cat A dips from six figures to S$99,889, while Cat B and E are at S$108,001 and S$109,000 respectively.
The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$99,889, a decrease of S$3,011 from the previous tender.
Premiums for large cars in Category B (above 1,600cc or 97kW) ended lower at S$108,001, a decrease of S$5,889 from the previous result.
COEs for commercial vehicles, including goods vehicles and buses, decreased by S$4,599 to S$68,340.
In the motorcycle category, the premium experienced a decrease of S$500, to S$9,089.
In the open category (Category E), which can be used for any type of vehicles but often end up being used for big cars, premiums decreased by S$5,700, to S$109,000.
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