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COE prices rise across the board, except for commercial vehicles
The Straits Times|December 19, 2024
Certificate of entitlement (COE) prices rose across all categories except commercial vehicles at the final bidding exercise of 2024.
- Vanessa Paige Chelvan
COE prices rise across the board, except for commercial vehicles

At the close of bidding at 4pm on Dec 18, the premium for Category B COEs—meant for larger, more powerful cars and electric vehicles (EVs)—ended at $109,000, 5.8 per cent higher than on Dec 4, when it was $103,010.

At $96,000, the price of a Category A COE—used to register smaller, less powerful cars and EVs—was 2.1 per cent higher than the $94,000 recorded in the previous exercise.

Category D for motorcycles recorded the largest increase of 6.4 per cent to $8,381, up from $7,878.

The premium for an Open category (Category E) COE ended at $108,992, 4.8 per cent higher than the $104,001 recorded two weeks ago.

These certificates can be used to register any vehicle type other than motorcycles but are almost always used for bigger and more powerful cars.

Denne historien er fra December 19, 2024-utgaven av The Straits Times.

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Denne historien er fra December 19, 2024-utgaven av The Straits Times.

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