SINGAPORE – Certificate of entitlement prices ended mixed on July 3, with the premium for larger cars dipping after a rebound for both car categories in the previous round.At $91,001, the price of Category A COEs, meant for smaller, less powerful cars and electric vehicles , was $112 – or 0.1 per cent – higher than the $90,889 in the previous exercise.
The latest result means that the gap between the two car COE categories stands at $9,900, compared with around $30,000 in 2022 and 2023. Many dealers expected the Category A COE premium to stay high, driven by the arrival of a new version of the BYD Seal EV, which qualifies for this category with its lower power output. It is priced $28,000 below the next cheaper version of the EV, which is a Category B COE car.
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