COEs finish mostly higher in the first round of bidding for March 2017

COE prices finished mostly higher in the round of bidding that ended on March 15, 2017.
COE prices finished mostly higher in the round of bidding that ended on March 15, 2017.ST PHOTO: KUA CHEE SIONG

SINGAPORE - Certificate of Entitlement (COE) prices finished mostly higher in the first round of bidding in March on Wednesday (March 15).

Premiums for Category A - cars up to 1,600cc and 130bhp - went up from $49,430 to $50,789.

COE prices for Cat B - cars above 1,600cc or 130bhp - also saw an increase from $50,621 to $53,300.

For the open category, Cat E, which can be used for any vehicle type but ends up mainly being used for bigger cars, COE prices likewise rose, from $51,000 to $53,001.

Motorcycle premiums ended higher, going from $6,801 to $7,483.

COE premiums for goods vehicles and buses decreased, from $49,810 to $49,002.

Latest COE results:

Category Current COE premium ($) Previous COE premium ($)
A - Car (1600cc & below) 50,789 49,430
B - Car (above 1600cc)  53,300 50,621
C - Goods vehicle & bus 49,002 49,810
D - Motorcycle 7,483 6,801
E - Open 53,001 51,000

Source: Land Transport Authority