COE premiums down across most categories
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Nisha Ramchandani
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CERTIFICATE of Entitlement (COE) premiums fell across most categories of vehicles in the latest bidding exercise.
The COE premium for cars of up to 1,600cc & 97kW dropped to S$48,000 from S$50,951 previously, while the COE premium for cars above 1,600cc fell even more sharply, from S$53,001 to S$46,229.
Meanwhile, the COE premium for the open category came to S$50,010, declining from S$54,901 previously, while the premium for motorcycles eased from S$6,212 to S$6,113.
However, the premium for goods vehicles and buses rose from S$49,002 to S$51,209.
Analyse historical COE data with the Business Times interactive tool
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