Open category COE price hits new high of S$114,001 as premiums rise across the board

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SINGAPORE — The Certificate of Entitlement (COE) price for vehicles in the open category reached the highest level ever of S$114,001 on Wednesday (July 20) as premiums rose across the board.

, when prices in the then-Category Four classification cost S$110,500 in December 1994.

In the latest round, the COE price for large cars or fully electric cars with output over 110kW went up to S$110,003. It was S$107,800 in the previous bidding exercise.six-digit markPremiums for small cars or fully electric cars with output of up to 110kW went up by 1.15 per cent to S$78,899.In the motorcycle category, premiums went up to S$10,910, compared to S$10,889 in the previous bidding exercise.

 

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