COE prices rise across the board except for motorcycles
PHOTO: The Straits Times file
PUBLISHED ONApril 17, 2024 8:31 AMByDavid Ting
In the second COE bidding exercise of April 2024, Cat A closed at $94,010; Cat B closed at $102,001; Cat C closed at $68,502; Cat D closed at $9,990; while Cat E closed at $103,249.
Cat A (car up to 1600cc & 130bhp, and EV with up to 110kW) received 1,390 bids for 936 COEs and its premium climbed by $5,010. Category A COE closed at $94,010.
Cat B (car above 1600cc or 130bhp, and EV with more than 110kW) received 1,008 bids for 690 COEs and its premium climbed by $667. Category B COE closed at $102,001.
Cat C (goods vehicle and bus) received 332 bids for 195 COEs and its premium increased by $1,001. Category C COE closed at $68,502.
Cat D (motorcycle) received 625 bids for 522 COEs and its premium decreased by only $10. Category D COE closed at $9,990.
Lastly, Cat E (all vehicles except motorcycle) received 269 bids for 155 COEs and climbed by $2,247. Category E COE closed at $103,249.
Here is a summary of the second COE bidding exercise for April 2024:
|
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – car up to 1600cc & 130bhp, and EV up to 110kW | $94,010 |
$89,000 |
+ $5,010 |
$79,237 (Mar 2024) $78,482 (Apr 2024) |
| B – car above 1600cc or 130bhp, and EV above 110kW | $102,001 |
$101,334
|
+ $667 |
$106,075 (Mar 2024) $98,062 (Apr 2024) |
| C – goods vehicle and bus | $68,502 |
$67,501 |
+ $1,001 |
$70,171 (Mar 2024) $71,053 (Apr 2024) |
| D – motorcycle | $9,990 |
$10,000 |
– $10 |
$9,248 (Mar 2024) $9,286 (Apr 2024) |
| E – all vehicles except motorcycle | $103,249 |
$101,002 |
+ $2,247 |
Not applicable |
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