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COE prices hit new highs; Open category premium soars to $137,000

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Certificate of entitlement (COE) prices for bigger cars and the Open category reached new highs for the third tender in a row, with the premium for Open COE rising to $137,000. The COE price for cars with engines larger than 1,600cc or more power than 130bhp, as well as EVs...

Certificate of entitlement prices for bigger cars and the Open category reached new highs for the third tender in a row, with the premium for Open COE rising to $137,000.

The premium for the Open category COE, which can be used for any vehicle type except motorcycles but ends up mostly for bigger cars, surged by 4.58 per cent from $131,000 to $137,000.

 

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COE prices close mostly higher in latest bidding exercise, new records for Category B and Open CategorySINGAPORE: Certificate of Entitlement (COE) premiums closed mostly higher in the latest bidding exercise on Wednesday (Sep 6), as prices for Category B and Open Category certificates hit new highs again. For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed a
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »