COE prices for Category A cars rebound after drop in previous round

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In: South-East Asia

In the most recent bidding exercise on Wednesday ( Dec. 4), Certificate of Entitlement ( COE ) premiums closed mixed.

For Category A cars, or those 1, 600cc and above with power never exceeding 130bhp, rates closed at S$ 94, 000, away from S$ 89, 889 in the last workout. In the previous round, the prices for Category A cars had dropped by 10 %.

Prices for larger and more powerful cars in Category B fell to S$ 103, 010 from S$ 105, 081.

COEs for corporate cars, which include items vehicles and cars, rose to S$ 70, 289 from S$ 69, 000 in the previous selling practice.

Motorcycle prices closed at S$ 7, 878, along from S$ 8, 669 in the last workout and its lowest since May 4, 2023. &nbsp,

Open class Submissions, which can be used for any car form but end up being used primarily for huge cars, fell to S$ 104, 001 from S$ 107, 501.

A full of 3, 655 proposals were received, with a limit of 2, 684 COEs accessible.