Increase for Cat B while Cat A and E falls
22 Jan 2020|2,403 views
In the second round of bidding for January, Certificate of Entitlement (COE) prices for Cat A and Cat E decreased, while Cat B premiums rose.
Premiums for Cat A, for cars up to 1,600cc in engine capacity and with an output of no more than 130bhp, decreased by $310 (0.9%) and ended at $35,010.
Premiums for Cat B, for larger cars with more than 130bhp or engine displacements larger than 1,600cc, increased by $596 (1.6%) and ended at $37,705.
In Cat E, the open category, premiums decreased by $500 (1.3%), and closed at $37,500.
The recent news regarding the constricting COE supply for the February-April quota period could have dissuaded the more price-conscious buyers for Cat A from making purchases this bidding round, while the rise in Cat B premiums could be due to the spate of recent launches at the recently concluded Singapore Motor Show enticing buyers to make their purchases.
In the second round of bidding for January, Certificate of Entitlement (COE) prices for Cat A and Cat E decreased, while Cat B premiums rose.
Premiums for Cat A, for cars up to 1,600cc in engine capacity and with an output of no more than 130bhp, decreased by $310 (0.9%) and ended at $35,010.
Premiums for Cat B, for larger cars with more than 130bhp or engine displacements larger than 1,600cc, increased by $596 (1.6%) and ended at $37,705.
In Cat E, the open category, premiums decreased by $500 (1.3%), and closed at $37,500.
The recent news regarding the constricting COE supply for the February-April quota period could have dissuaded the more price-conscious buyers for Cat A from making purchases this bidding round, while the rise in Cat B premiums could be due to the spate of recent launches at the recently concluded Singapore Motor Show enticing buyers to make their purchases.
Latest COE Prices
April 2024 | 2nd BIDDING
NEXT TENDER: 08 May 2024
CAT A$94,010
CAT B$102,001
CAT C$68,502
CAT E$103,249
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