COE prices mostly rise, Open category premium dips

CERTIFICATE of entitlement (COE) premiums mostly rose on Wednesday (Aug 17), with only the Open category seeing a dip.

The premium for cars with engines up to 1,600cc and 130bhp, as well as electric vehicles (EVs) with power output up to 110 kilowatts, ended 9.9 per cent higher at S$87,889, up from S$80,000.

For bigger and more powerful cars and EVs, the COE premium went up from S$107,001 to S$112,001 - a rise of 4.7 per cent.

Commercial vehicle COE premiums rose by 5.4 per cent from S$56,089 to S$59,090.

The price of motorcycle COEs increased by 0.9 per cent, from S$11,000 to S$11,101.

Open category COEs, which can be used to register any type of vehicles other than motorcycles, ended slightly cheaper at S$112,001, representing a dip of 0.9 per cent from S$113,000. THE STRAITS TIMES

See how COE premiums have fluctuated over the years with BT's COE tracker

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