SINGAPORE – 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 an Open COE rising to $137,000.
The commercial vehicle COE price finished 0.11 per cent above the previous $82,801 to end at $82,889. On the supply side, the number of COEs available for bidding in the respective categories was largely similar to the situation in the earlier two tender exercises. A dealer who has yet to secure a large car COE to deliver an order placed in July will now have to spend nearly $17,000 more to put the car on the road.
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COE prices hit new highs; Open category premium soars to $137,000Certificate 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...
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COE prices hit new highs for large cars, Open category for third straight exerciseSINGAPORE — Certificate of Entitlement (COE) prices hit fresh highs for large cars and the Open category at the end of the latest bidding exercise on Wednesday (Sept 6), with premiums in all categories rising except for motorcycles.
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COE prices hit new highs as premium for Open category soars to $137k, bigger cars reaches over $130kIn the 1st COE bidding exercise for September 2023, Cat A closed at $101,000, Cat B at $134,889, Cat C at $82,889, Cat D at $10,901, and Cat E at $137,000. Cat A (Cars up to 1600CC & 97KW) received 840 bids and increased by $1,000. It closed at $101,000. Cat B (Cars above 1600CC or 97KW) saw 723 bids...
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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
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