Singapore COE prices for smaller cars cross S$100,000 mark for the first time

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Singapore COE premiums for Categories A, B and the Open category hit new price records in the latest bidding exercise. Only one category had a price drop. Which one?

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Source: Car News Wire (carnewswire.net)

 

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COE premiums rise except Category C; Open Category price hits all-time high of $124,501In the 2nd COE bidding exercise for April 2023, Cat A closed at $103,721, Cat B at $120,899, Cat C at $75,334, Cat D at $12,179, and Cat E at $124,501. Cat A (Cars up to 1600CC & 97KW) received 750 bids and increased by $7,220. It closed at $103,721. Cat B (Cars above 1600CC or 97KW) saw 553 bids...
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Government Parliamentary Committee for transport monitoring rising COE prices, impact on transport cost for SingaporeansCertificate of Entitlement (COE) premiums have remained high, with the latest bidding exercise on Apr 5 closing with Category A and B prices breaking records for the second time in a row. The COE in itself is a complete failure and doesn’t reflect the needs of Singaporeans in our landscape. This again shows how incompetent and out of touch the government is. Pui.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

COE premiums for cars continue to break records, with Category A prices topping S$100,000SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly higher in the latest bidding exercise on Wednesday (Apr 19), with Category A and B prices reaching record highs for the third straight tender. Premiums for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, cl Who da hell is buying cars at these prices seriously. The original objective of vehicle control is producing unintended outcome of ONLY the rich buying cars. If not for the artificially inflated prices, most can afford a car. Implement the ballot rule. Stop this nonsense. As a reminder, this is 1.5 times the ANNUAL salary of an average Singaporean. For a paper valid for 10 years. 🤯 All the bloody gamen doing lah.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

COE prices for cars break records for third round running — Category A premiums surpass S$100,000 for first timeSINGAPORE — Certificate of Entitlement (COE) prices for cars and open category vehicles hit new highs in the latest bidding exercise which ended on Wednesday (April 19).
Source: TODAYonline - 🏆 1. / 99 Read more »