COE premiums end mixed, with prices for smaller cars and motorcycles dipping

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In the first COE bidding exercise of May 2024, Cat A closed at $93,604; Cat B closed at $105,002; Cat C closed at $70,001; Cat D closed at $9,503; while Cat E closed at $104,689. Cat A (car up to 1600cc & 130bhp, and EV with up to 110kW) received 1,632 bids for 968 COEs and its premium dipped by...

PHOTO: The Straits Times fileIn the first COE bidding exercise of May 2024, Cat A closed at $93,604; Cat B closed at $105,002; Cat C closed at $70,001; Cat D closed at $9,503; while Cat E closed at $104,689.

Cat B received 1,237 bids for 666 COEs and its premium climbed by $3,001. Category B COE closed at $105,002. Cat D received 630 bids for 528 COEs and its premium decreased by $487. Category D COE closed at $9,503.

 

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