SINGAPORE: Most Certificate of Entitlement ( COE ) premiums closed lower on Thursday ( Jan 4), with Category A and B premiums falling to their lowest levels since early 2022.
The premium for Category A cars, or those 1, 600cc and above with power not exceeding 130bhp, closed at S$ 65, 010, along from S$ 85, 000 in the , prior training. This is the lowest number since February 2022.
The prime for , Category B, for larger and more powerful vehicles, fell from S$ 110, 001 to S$ 85, 010, dropping to a level not seen since January 2022.
Start Category COEs, which can be used for any car type but end up being used primarily for huge cars, even fell- from S$ 118, 388 to S$ 106, 338
COEs for corporate cars, which include items cars and trucks, fell to S$ 67, 599 from S$ 69, 423 in the previous selling practice.
Motorcycle prices closed at S$ 9, 114, away from S$ 9, 002.
A full of 3, 303 proposals were received, with a limit of 2, 422 COEs accessible.
The COE limit for the November 2023 to January 2024 quarter was  , increased from the previous quarter,  , bringing the total supply of COEs to 14, 388.