In the latest COE Bidding Results (4 March 2020), COE premiums dropped across the board. Find out where the different categories closed at below.
COE Bidding Results (4 March 2020)
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at $32,699, falling by $300 from the last exercise.
Also falling were premiums for larger and more powerful cars in Category B. These COE premiums fell by $88, closing at $32,801.
COEs for commercial vehicles, which include goods vehicles and buses, dropped by $799. COE premiums in this category closed at $24,202.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell the most and closed at $32,500.
There were a total of 4,584 bids received but a quota of only 3,206 COEs available.