COE premiums mostly up in latest bidding round, except for motorcycles

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CERTIFICATE of entitlement (COE) premiums were generally higher in the latest bidding exercise on Wednesday, with the exception of the motorcycles category where the COE premium declined.

The COE for Category A - cars up to 1,600cc and 97 kW - rose from S$64,900 to S$67,889, while that of Category B (cars above 1,600cc or 97kW) increased from S$70,890 to S$72,890. The premium for the open category rose from S$71,300 to S$73,900, and the COE premium for goods vehicles and buses climbed from S$63,701 to S$65,001.

However, the COE premium for motorcycles dropped to S$4,189 from S$4,290 previously.