September 2013, 2nd Tender
|
||||||||||||||||
|
||||||||||||||||
|
||||||||||||||||
|
COE Results September 2013, 2nd Tender
Engine Power Criterion To Be Added in COE Category A Cars From Feb 2014
From February next year, a cap on engine power will be imposed on cars under Category A of the Certificate of Entitlement (COE) system to “better ensure some element of social equity in car ownership”, the Land Transport Authority (LTA) announced yesterday.
Under the new categorisation, any cars that fall under Cat A with an engine capacity of not more than 1,600c must also have an engine power that is not exceeding 97 kilowatts — or the equivalent of 130 horsepower. This change will only be effective for cars registered from the February 2014 open bidding exercise to give time for car buyers and the industry enough time to adjust to the change.
The change will mean that nearly 50% of today’s mass market cars would be reclassified as premium models, or fall under the COE Category B (for cars with 1,600 cc and above)
COE Results September 2013, 1st Tender
September 2013, 1st Tender
|
||||||||||||||||
|
||||||||||||||||
|
||||||||||||||||
|
COE Results August 2013, 2nd Tender
August 2013, 2nd Tender
|
||||||||||||||||
|
||||||||||||||||
|
||||||||||||||||
|
COE Results August 2013, 1st Tender
August 2013, 1st Tender
|
||||||||||||||||
|
||||||||||||||||
|
||||||||||||||||
|
COE Results July 2013, 2nd Tender
July 2013, 2nd Tender
|
||||||||||||||||
|
||||||||||||||||
|
||||||||||||||||
|
COE Results June 2013, 2nd Tender
June 2013, 2nd Tender
|
||||||||||||||||
|
||||||||||||||||
|
||||||||||||||||
|
Rise in COE Premiums Across All Categories In Latest Tender
Certificate of entitlement (COE) premiums for vehicles went up in all categories in the latest bidding exercise on Wednesday.
The COE premium for Cat A (Cars below 1,600) risen from $64,839 to $67,301, which is S$2,462 higher.
While the COE premium for CAT B (Cars above 1,600 cc) risen from $67,304 to $75,000, a total of S$7,696 increase.
As for Cat C (Goods and services vehicles and buses), the premium risen from $56,889 to $57,989, a difference of S$1,100. For Cat D (Motorcycles), there was only a S$38 premium increase – from $1,663 to $1,701.
