COE premiums for large cars cross S$120,000; highest in over a year

By:
On:
In: South-East Asia

SINGAPORE: &nbsp, Certificate of Entitlement ( COE ) premiums for big cars crossed S$ 120, 000 ( US$ 87, 816 ) in the first bidding exercise of 2025 on Wednesday ( Jan 8 ), marking their highest price in over a year.

Prices for larger and more powerful cars in Category B rose&nbsp, to S$ 121, 501&nbsp, from S$ 109, 000.

Open class Submissions, which can be used for any car form but end up being used primarily for huge cars, rose&nbsp, to S$ 123, 000&nbsp, from S$ 108, 992.

The next moment large car Department prices went over S$ 120, 000 was on Dec 6, 2023.

For Category A vehicles, or those 1, 600cc and above with power never exceeding 130bhp, prices closed at S$ 93, 699, lower from S$ 96, 000 in the last workout.

COEs for corporate cars, which include items cars and trucks, fell to S$ 67, 891&nbsp, from S$ 69, 890 in the previous selling practice.

Motorcycle prices closed at S$ 9, 001, &nbsp, up&nbsp, from S$ 8, 381 in the last workout.

A full of 4021&nbsp, requests were received, with a limit of 2670&nbsp, COEs accessible.