Most COE Premiums Fall In Second COE Bidding Exercise of February 2024
Cat A COE at S$76k mark, while Cat B and E COEs sit under 100 grand.
The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$76,801, a decrease of S$2,199 from the previous tender.
Premiums for large cars in Category B (above 1,600cc or 97kW) ended lower at S$97,000, a decrease of S$5,338 from the previous result.
COEs for commercial vehicles, including goods vehicles and buses, increased by S$1,000 to S$73,001.
In the motorcycle category, the premium experienced a decrease of S$379, to S$8,911.
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$6,095, to S$94,006.
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