COE premiums close generally higher; Cat A prices end at $57,498

Premiums for Category A - cars up to 1,600cc and 130bhp - increased from $56,209 to $57,498.
Premiums for Category A - cars up to 1,600cc and 130bhp - increased from $56,209 to $57,498.PHOTO: ST FILE

SINGAPORE - Certificate of Entitlement (COE) prices finished higher at the close of August's second bidding exercise on Wednesday.

Premiums for Category A - cars up to 1,600cc and 130bhp - increased from $56,209 to $57,498.

COE prices for Cat B - cars above 1,600cc or 130bhp - climbed from 60,789 to $62,140 in July.

For the open category, Cat E, which can be used for any vehicle type but ends up mainly being used for cars, prices rose from $57,885 to $61,001.

Motorcycle premiums, dropped from $6,201 to $6,112.

COE premiums for goods vehicles and buses dropped from $49,302 to $46,501.

Latest COE results:

Category Current COE premium ($) Previous COE premium ($)
A - Car (1600cc & below)  57,498 56,209
B - Car (above 1600cc)   62,140 60,789 
C - Goods vehicle & bus  46,501 49,302
D - Motorcycle  6,112 6,201
E - Open  61,001 57,885

Source: Land Transport Authority