Cat A COE premium eases 1.7% to S$123,890; Cat B price stays flat
The price of an Open category (Category E) COE climbed 0.8 per cent from S$129,971 to S$131,000
Category A COE prices decreased 1.7 percent to S$123,890 during the Aug 5 tender exercise, while Category B COE prices remained unchanged at S$129,910. Category A COEs are designated for smaller, less powerful cars and electric vehicles, while Category B COEs are for larger, more powerful cars and EVs. The Category E COE, which can register any vehicle type except motorcycles, rose 0.8 percent to S$131,000.
Motorcycle COE premiums increased by 3 percent to S$10,503, and commercial vehicle COE prices fell by 2.5 percent to S$91,545. Motor traders frequently use Category E COEs for vehicle flexibility.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
