Car COEs dip at latest tender

SINGAPORE - Certificate of Entitlement (COE) prices finished mixed in the second round of bidding in May on Wednesday (May 18).
SINGAPORE - Certificate of Entitlement (COE) prices finished mixed in the second round of bidding in May on Wednesday (May 18).ST PHOTO: JAMIE KOH

SINGAPORE - Certificates of entitlement (COE) premiums ended mixed at the latest tender on Wednesday (May 18), with the two car categories falling and the other categories rising.

COE for cars up to 1,600cc and 130bhp finished at $47,020, down from $47,889 two weeks ago.

COE for cars above 1,600cc or 130bhp closed at $49,156, down from $51,010.

Open COE, which can be used for any vehicle type but ends up mostly for bigger cars, ended slightly higher at $49,700, up from $49,000.

Commercial vehicle COE finished at $43,002, up from $42,302.

The motorcycle premium was $1 higher at $6,303.

Latest COE results:

Category Current COE premium ($) Previous COE premium ($)
A - Car (1600cc & below) 47,020 47,889
B - Car (above 1600cc)  49,156 51,010
C - Goods vehicle & bus 43,002 42,302
D - Motorcycle 6,303 6,302
E - Open 49,700 49,000

Source: Land Transport Authority