COE prices close mixed at first November bidding exercise

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

COE for cars up to 1,600cc and 130bhp ended slightly higher at $64,900, up from $63,990 two weeks ago.

COE for cars above 1,600cc or 130bhp finished lower at $70,890, down from $72,002 previously.

Open COE, which can be used for any vehicle type but ends up mainly for bigger cars, also eased. It closed at $71,300, down from $72,201.

Commercial vehicle COE rose from $61,000 to close at $63,701, while motorcycle premium ended at $4,290, down from $4,412.

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

Category Current COE premium ($) Previous COE premium ($)
A - Car (1600cc & below) 64,900 63,990
B - Car (above 1600cc) 70,890 72,002
C - Goods vehicle & bus 63,701
61,000
D - Motorcycle 4,290 4,412
E - Open 71,300 72,201

Source: Land Transport Authority

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