COE premiums rise at second round of bidding in April

PHOTO: The Straits Times

Certificate of entitlement (COE) prices ended higher in the latest tender on Wednesday (Apr 20), said the Land Transport Authority in a statement.

COE premiums for Cat A - cars up to 1,600cc and 130bhp - closed at $47,300, up from $46,009.

COE for Cat B - cars above 1,600cc or 130bhp - rose to $49,602, from $47,000.

For Cat E, which is the open category that can be used for any vehicle, COE prices increased to $49,501, up from $47,510.

Commercial vehicle COE went down from $44,213 to close at $43,002 while motorcycle premiums decreased by $2 to $6,501.