COE Premiums Fall Across All Categories In Second COE Bidding Exercise of October 2024
Cat A drops slightly to S$102,900, while Cat B and E are at S$113,890 and S$114,700 respectively.
The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$102,900, a decrease of S$899 from the previous tender.
Premiums for large cars in Category B (above 1,600cc or 97kW) ended lower at S$113,890, a decrease of S$2,112 from the previous result.
COEs for commercial vehicles, including goods vehicles and buses, decreased by S$2,070 to S$72,939.
In the motorcycle category, the premium experienced a decrease of S$412, to S$9,589.
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$1,300, to S$114,700.
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