COE prices rebound for Category A and B cars, motorcycles in latest exercise

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COE prices rebound for Category A and B cars, motorcycles in latest exercise
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SINGAPORE: Certificate of Entitlement (COE) premiums largely rebounded on Wednesday (Jan 18) in the second bidding exercise of the year. For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$86,000, up from S$80,000

SINGAPORE: Certificate of Entitlement premiums largely rebounded on Wednesday in the second bidding exercise of the year.

For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$86,000, up from S$80,000Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell to S$107,000 from S$107,889. COE prices for commercial vehicles, which include goods vehicles and buses, fell to S$77,109 from S$77,301 in the previous bidding exercise.A total of 2,143 bids were received, with a quota of 1,539 COEs available.

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