COE prices largely unchanged; down slightly across the board
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[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.
The Category A COE premium for cars up to 1,600cc and 130bhp closed at S$32,699, inching down 0.9 per cent from S$32,999.
The COE for cars above 1,600cc or 130bhp - Category B - closed at S$32,801, down slightly from S$32,889 previously.
The COE category for motorcycles ended flat at S$4,310 compared with S$4,309 before.
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 S$32,500, down 2.5 per cent from S$33,301.
The commercial vehicle COE price ended at S$24,202, down 3.3 per cent from S$25,001.
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
THE STRAITS TIMES
Analyse historical COE data with the Business Times interactive tool
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result