COE prices largely unchanged; down slightly across the board

The Category A COE premium for cars up to 1,600cc and 130bhp closed at $32,699, inching down 0.9 per cent from $32,999.
The Category A COE premium for cars up to 1,600cc and 130bhp closed at $32,699, inching down 0.9 per cent from $32,999.PHOTO: ST FILE

SINGAPORE - The prices of certificates of entitlement (COE) remained largely unchanged from the previous bidding exercise in February, ticking down slightly at the end of Wednesday's (March 4) bidding exercise as the automotive industry continues to struggle for traction amid the coronavirus outbreak..

The Category A COE premium for cars up to 1,600cc and 130bhp closed at $32,699, inching down 0.9 per cent from $32,999.

The COE for cars above 1,600cc or 130bhp - Category B - closed at $32,801, down slightly from $32,889 previously.

The COE category for motorcycles ended flat at $4,310 compared with $4,309 before.

Meanwhile. the price for the open category COE, which can be used for any vehicle type except motorcycles but ends up mostly for bigger cars, closed at $32,500, down 2.5 per cent from $33,301.

The commercial vehicle COE price ended at $24,202, down 3.3 per cent from $25,001.

LATEST COE RESULTS:

Category Current COE premium ($) Previous COE premium ($)
A - Car (1,600cc & below) 32,699 32,999
B - Car (above 1,600cc)  32,801 32,889
C - Goods vehicle & bus 24,202 25,001
D - Motorcycle 4,310 4,309
E - Open 32,500 33,301