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Singapore COE Prices Down for Most Vehicle Categories

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by Jared Heng

Certificate of Entitlement (COE) prices in Singapore fell for all but one vehicle category in the latest open bidding exercise that ended on Wednesday.

The premium for large cars (above 1,600 cc) was S$79,304, a S$1,115-increase from the previous bidding exercise.

Small cars (1,600 cc and below) recorded a S$458-drop in COE price to S$56,551.

For the goods vehicle and bus category, the COE price dropped S$1,995 to S$50,009.

The ‘open’ vehicle category registered a fall in COE price of S$1,119 to S$76,881.

Motorcycles recorded a S$522-drop in premium to S$1,490.