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Singapore’s COE prices up for most vehicles

Most of the recent Certificate of Entitlement (COE) premiums closed higher in the bidding exercise on Wednesday as compared to two weeks ago.

COE prices for cars 1600cc and below closed at $59,421, up slightly from $59,004 of the previous bidding exercise in June.

However, the premiums for cars above 1600cc registered a $3,111 drop from $85,400 to $82,289.

The premiums for commercial vehicles ended at $55,556, up by $1,054 from the previous premium of $54,502.

In the open category, COE prices rose to $86,999 as compared to $84,389 previously.

The COE price for motorcycles went up to $1,760 from S$1,712 previously.