COE
SINGAPORE: Certificate of Entitlement (COE) premiums for June's 1st bidding was released at the latest tender exercise on Wednesday (5 June).
Premiums for Cat A fell by $4,500 from $92,700to $88,200 for smaller cars below 1600cc.
Cat B fell significantly too, by $5,082 from $105,689 to $100,607. However, it still remains in the 6-digit figure range, making it the 5th time that it's consistently been above $100k since the 1st bidding in April 2024.
Coming in 3rd, Cat E for open category vehicles (except motorcycle) have fallen by $3,402, from $105,002 to $101,600.
Cat C for goods vehicles & buses fell by $1,412 from $72,001 to $70,589.
Lastly, Cat D for motorcycles dropped the least, by $322, from $9,311 to $8,989.
This round's bidding has been the lowest since the 2nd bidding of March 2024, where prices were previously $85,489 and $96,011 for Cat A and Cat B respectively.
For those who would like to check out the previous months' COE Prices, you can check out our past news here!
Let's look forward to hopefully even lower COE prices for the upcoming months!
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