COE prices mostly rise, Open category premium dips
Certificate of entitlement (COE) premiums mostly rose on Wednesday (Aug 17), with only the Open category seeing a dip.
The premium for cars with engines up to 1,600cc and 130bhp, as well as electric vehicles (EVs) with power output up to 110 kilowatts, ended 9.9 per cent higher at $87,889, up from $80,000.
For bigger and more powerful cars and EVs, the COE premium went up from $107,001 to $112,001 - a rise of 4.7 per cent.
Commercial vehicle COE premiums rose by 5.4 per cent from $56,089 to $59,090.
The price of motorcycle COEs increased by 0.9 per cent, from $11,000 to $11,101.
Open category COEs, which can be used to register any type of vehicles other than motorcycles, ended slightly cheaper at $112,001, representing a dip of 0.9 per cent from $113,000.
| Category | Current COE premium ($) | Previous COE premium ($) |
| A - Car (1,600cc & below) | 87,889 | 80,000 |
| B - Car (above 1,600cc) | 112,001 | 107,001 |
| C - Goods vehicle & bus | 59,090 | 56,089 |
| D - Motorcycle | 11,101 | 11,000 |
| E - Open | 112,001 | 113,000 |
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