This is the third consecutive tender where the price of a Category A COE has risen.
SINGAPORE – Certificate of entitlement prices ended mixed on July 17, with the premium for smaller cars continuing to edge upwards for the third consecutive tender.
At $91,899, the premium for Category A COEs – meant for smaller, less powerful cars and electric vehicles – was 1 per cent higher than the $91,001 registered in Category B COEs, meant for larger, more powerful cars and EVs, dipped 0.9 per cent to end at $100,000, from $100,901 in the last tender. This means the difference in premiums for Categories A and B is $8,101, narrowing from $9,900 two weeks ago.
The price of Open category COEs, which can be used to register any vehicle type other than motorcycles, ended at $100,341, or 0.5 per cent lower than the $100,889 previously. These certificates are almost always used to register bigger, more powerful cars.For commercial vehicles , the COE premium ended at $70,601, or 0.9 per cent higher than the previous price of $70,001..
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