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Latest COE Prices

COE Bidding Results (18 Dec 2019)

In the latest COE Bidding Results (18 Dec 2019), COE premiums closed lower across the board. The biggest change came in premiums for Category E (Open Category)! Check them out below.

COE Bidding Results (18 Dec 2019)

COE Bidding Results (18 Dec 2019)

For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at $32,889, down from $33,009 in the last exercise.

Seeing the biggest change in the latest exercise were premiums for larger and more powerful cars in Category B. Premiums in this category fell to $36,000 from $37,900.

COEs for commercial vehicles, which include goods vehicles and buses, fell to $23,200 from $23,704 in the previous bidding exercise.

Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell to $37,989 from $38,889.

There were a total of 4,294 bids, but only a quota of 3,443 COEs available.

With COE premiums falling this time around, it looks like it’s a good time to get your brand new car. Plus, it’s just in time for Chinese New Year! 

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