TRANSPORT & LOGISTICS | Staff Reporter, Singapore

COE prices fell across all categories in February

Premiums for motorcycles dipped the lowest by 9.3% to $7,667.

All COE prices for February dropped at the last bidding, with small cars (up to 1600cc and 97kW) down from $40,000 to $36,810, according to the latest results from the Land Transport Authority.

Motorcycle premiums fell the lowest by 9.3% to $7,667. Premiums for big cars (above 1600cc or 97kW) fell 7.85% from $42,322 to $39,000, whilst for commercial vehicles they decreased 3.77% from $38,803 to $36,859.

Open COEs, which is for any vehicle type except motorcycles, slipped 2.76% from $39,903 to $38,801.

Total bids reached 6,429 in the first round and 6,595 in the second round. 

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.