COE Premiums Rise In Most Categories In Final COE Bidding Exercise of 2024
Cat A climbs to S$96,000, while Cat B and E are tagged at S$109,000 and S$108,992 respectively.
The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$96,000, an increase of S$2,000 from the previous tender.
Premiums for large cars in Category B (above 1,600cc or 97kW) ended higher at S$109,000, an increase of S$5,990 from the previous result.
COEs for commercial vehicles, including goods vehicles and buses, decreased by S$399 to S$69,890.
In the motorcycle category, the premium experienced an increase of S$503, to S$8,381.
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 increased by S$4,991, to S$108,992.
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