COE

COE March 2024: 2nd Bidding Results

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2 Minutes

COE Rise Across Categories

SINGAPORE: Certificate of Entitlement (COE) premiums for March's 2nd bidding was released at the latest tender exercise on Wednesday (20 Mar).

Premiums for Cat A rose by $2,489 from $83,000 to $85,489 for smaller cars below 1600cc.

Cat B rose by $1 from $96,010. to $96,011.

Cat A Closed Mostly Higher

The overall COE bidding results for were higher for cars.

Cat A closed 3% higher than the $83,000 recorded at the previous exercise two weeks ago.

In the open category (Cat E), COE prices also rose by $846 to $95,856.

Motorcycle premiums closed at $9,689, up from $9,400 in the last exercise.

Only Cat C Fell Slightly

Goods vehicle & bus was the only category that saw a slight drop of $5,487, from the previous bidding's $75,599 to the current $70,112.

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