Advertisement
Singapore markets open in 4 hours 14 minutes

  • Straits Times Index

    3,367.90
    +29.33 (+0.88%)
     

  • S&P 500

    5,509.01
    +33.92 (+0.62%)
     

  • Dow

    39,331.85
    +162.33 (+0.41%)
     

  • Nasdaq

    18,028.76
    +149.46 (+0.84%)
     

  • Bitcoin USD

    61,902.63
    -1,341.58 (-2.12%)
     

  • CMC Crypto 200

    1,333.22
    -11.29 (-0.84%)
     

  • FTSE 100

    8,121.20
    -45.56 (-0.56%)
     

  • Gold

    2,338.90
    0.00 (0.00%)
     

  • Crude Oil

    83.11
    -0.27 (-0.32%)
     

  • 10-Yr Bond

    4.4360
    -0.0430 (-0.96%)
     

  • Nikkei

    40,074.69
    +443.63 (+1.12%)
     

  • Hang Seng

    17,769.14
    +50.53 (+0.29%)
     

  • FTSE Bursa Malaysia

    1,597.96
    -0.24 (-0.02%)
     

  • Jakarta Composite Index

    7,125.14
    -7,139.63 (-50.05%)
     

  • PSE Index

    6,358.96
    -39.81 (-0.62%)
     

COE premiums closed mixed in last bidding before new quota period

COE prices fell for car categories and commercial vehicles, while motorcycles and the open category rose.

Timothy Kang
·Finance Producer
Updated ·1-min read
The Ayer Raja Expressway at sunset during evening rush hour taken from an overpass, illustrating a piece on COE prices.
COE premiums closed mixed across all categories. (PHOTO: Getty) (Carlina Teteris via Getty Images)

SINGAPORE — Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise that ended on Wednesday (19 July).

Premiums for Category A – which include cars up to 1,600cc and 130bhp or electric vehicles (EV) up to 110kW – closed at S$95,202, down from S$97,000 in the previous exercise.

For Category B, or cars above 1600cc and 130bhp as well as electric vehicles (EVs) higher than 110kW, prices fell by a dollar from S$118,002 in the last bidding exercise to S$118,001.

COE prices for commercial vehicles, which include goods vehicles and buses, fell by S$222 to S$82,001 from S$82,223 in the previous bidding exercise.

ADVERTISEMENT

Meanwhile, motorcycle premiums, or Category D, closed higher at S$10,501 from S$10,090 in the last exercise.

Open category COEs, which can be used for any vehicle type except for motorcycles, rose to S$122,110 from S$121,000 in the last exercise.

A total of 2,546 bids were received in this exercise, with a quota of 1,792 COEs available.

Bidding under the new quota period from August to October 2023 will begin on 7 August, with a total of 11,019 COEs available for bidding.

Follow us on Facebook, Instagram, TikTok and Twitter.

Yahoo Singapore Telegram
Yahoo Singapore Telegram