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.
Finally, the Cat E (Open Category) went up from $66,701 to $76,000, a total of $S9,299 increase on COE premium.
COE Results (May – June 2013)
Month of Bidding Exercise |
Vehicle Category Bidding |
Cat A Cars (<=1600 cc) & Taxis |
Cat B Cars >1600 cc |
Cat C Goods vehicles & buses |
Cat D Motorcycles |
Category E Open Cat |
|||||
1st |
2nd |
1st |
2nd |
1st |
2nd |
1st |
2nd |
1st |
2nd |
||
May-2013 | Quota | 336 | 333 | 317 | 332 | 225 | 233 | 600 | 507 | 239 | 251 |
Successful bids | 329 | 324 | 317 | 329 | 223 | 232 | 595 | 459 | 238 | 239 | |
Bids received | 912 | 888 | 601 | 749 | 312 | 288 | 719 | 642 | 447 | 466 | |
Quota Premium | $62,999 | $64,839 | $61,700 | $67,304 | $57,051 | $56,889 | $1,700 | $1,663 | $62,301 | $66,701 | |
PQP for Jun 2013 | $65,044 | $65,001 | $56,078 | $1,795 | N/A | ||||||
Jun-2013 | Quota | 341 | 302 | 227 | 511 | 239 | |||||
Successful bids | 336 | 274 | 226 | 479 | 189 | ||||||
Bids received | 855 | 732 | 292 | 616 | 534 | ||||||
Quota Premium | $67,301 | $75,000 | $57,989 | $1,701 | $76,000 | ||||||
PQP for Jul 2013 |