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For the first round of bidding in May, COE premiums for Cat A, B and E see a slight increase, with Cat B rising by $1,171.
09 May 2018 | Local News : Singapore
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In the first COE bidding exercise for May, COE premiums see no significant change, with Cat A, B and E increasing slightly.
Premiums for Cat B, larger cars with more than 130bhp or engine displacements larger than 1,600cc, went up by $1,171 (3.14 percent) and ended at $38,501.
In Cat E, the open category, prices also rose by $211 (0.55 percent), with premiums closing at $38,600.
Despite increasing slightly, the relatively unchanged COE premiums for Cat A, B and E since the last tender is not surprising, considering the fact that there have been no major new car launches recently.
