COE prices close mostly higher at mid-November bidding exercise

Traffic along Napier Road on Nov 3, 2014.  -- PHOTO: ST FILE
Traffic along Napier Road on Nov 3, 2014.  -- 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 higher at $67,889, up from $64,900 two weeks ago.

COE for cars above 1,600cc or 130bhp rose slightly to $72,890, up from $70,890 previously.

Open COE, which can be used for any vehicle type but ends up mainly for bigger cars, also increased. It closed at $73,900, up from $71,300.

Commercial vehicle COE rose from $63,701 to close at $65,001, while motorcycle premiums ended at $4,189, down from $4,290.

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

Category Current COE premium ($) Previous COE premium ($)
A - Car (1600cc & below) 67,889 64,900
B - Car (above 1600cc) 72,890 70,890  
C - Goods vehicle & bus 65,001 63,701 
D - Motorcycle 4,189 4,290
E - Open 73,900 71,300 

Source: Land Transport Authority

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