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

Click here for a bigger chart.

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