COE April 2024: 1st Bidding Results

SINGAPORE: Certificate of Entitlement (COE) premiums for April's 1st bidding was released at the latest tender exercise on Wednesday (3 Apr).

Premiums for Cat A rose by $3,511 from $85,489 to $89,000 for smaller cars below 1600cc.

Cat B rose by a whopping $5,323 from $96,011 to 6-digit figure $101,334.

Cat B COE Prices Back to $100,000 Mark Again

The last time Cat B prices crossed the 100k mark was in Jan & Feb 2024.

Prices then were $112,000 and $102,338 respectively, before prices dropped to $97,000 in the same month of February.

Only Cat C Fell Again

Goods vehicle & bus was the only category that saw a slight drop of $2,611, from the previous bidding's $70,112 to the current $67,501. It has been the 2nd time in a row that Cat C has experienced a drop in price this year.

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