COE prices close higher at mid-Jan bidding exercise

Certificates of entitlement (COE) premiums ended mostly higher in the latest tender on Wednesday. -- PHOTO: ST FILE
Certificates of entitlement (COE) premiums ended mostly higher in the latest tender on Wednesday. -- PHOTO: ST FILE

SINGAPORE - Certificates of entitlement (COE) premiums ended mostly higher in the latest tender on Wednesday.

COE for cars up to 1,600cc and 130bhp ended at $65,001, down from $66,010.

COE for cars above 1,600cc or 130bhp rose to $76,889, from $75,289 previously.

Open COE, which can be used for any vehicle type but ends up mainly for bigger cars, also increased. It closed at $76,790, up from $75,200.

Commercial vehicle COE rose from $55,011 to close at $55,012, while motorcycle premiums ended at $4,889, up from $4,403.

Here are the latest Certificate Of Entitlement results from Wednesday's bidding exercise:

Category Current COE premium ($) Previous COE premium ($)
A - Car (1600cc & below)  65,001 66,010
B - Car (above 1600cc)  76,889 75,289 
C - Goods vehicle & bus  55,012 55,011 
D - Motorcycle  4,889 4,403
E - Open  76,790 75,200 

Source: Land Transport Authority

<a href="http://www.straitstimes.com/"><img alt="COE 520px " src="http://www.straitstimes.com/%26amp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3Bamp%3B#47;/public.tableausoftware.com/static/images/CO/COEPricesfrom2002-2013- Dashboard/COE520px/1_rss.png" style="border: none" /></a>
 

Click here for a bigger chart.