COE premiums fall across most categories; Cat A ends at S$130,001
Prices across the other categories dipped, except for Open category (Category E)
The Category A certificate of entitlement (COE) premium fell slightly to S$130,001 in the October 7 tender exercise, after peaking at S$133,009 in early September. Other COE categories also experienced a decline, except for the Open category (Category E) COE premium, which remained unchanged at S$137,000. Category A COEs, allocated for smaller and less powerful cars or electric vehicles, decreased by 1.4 percent from S$131,890 to S$130,001.
The premium for Category B COEs, used for larger and more powerful cars and EVs, dropped by 2.2 percent, from S$133,000 to S$130,100. The COE premium for commercial vehicles (Category C) fell by 0.3 percent, ending at S$91,889, while the motorcycle (Category D) COE premium saw a 9.7 percent decline, falling from S$12,201 to S$11,012.
These certificates are transferable, enabling motor traders to secure them for flexibility in vehicle registration without waiting for the next tender exercise. The authorities are reviewing the COE system to improve car categorisation, with the review expected to conclude by the end of 2026.
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.
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- COE premiums fall across most categories; Cat A ends at S$130,001 businesstimes.com.sg
