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Category A COE dips to $130,001 in October’s first bidding

It recorded 1,232 successful bids out of 1,560 received.

The Category A Certificate of Entitlement (COE) premium fell to $130,001 in the first bidding exercise for October, down from $131,890 in the second September bidding, according to the Land Transport Authority.

The category, which covers smaller and lower-powered cars, had a quota and successful bids of 1,232. It received a total of 1,560 bids.

For Category B, which covers larger and more powerful cars, the COE premium also dipped to $130,100 from $133,000. It received 1,126 bids for a quota of 945, with 938 successful bids.

The open Category E stayed at $137,000, with 492 received bids for a quota of 253. A total of 229 bids were successful.

For goods vehicles and buses under Category C, the premium fell to $91,889 from $92,144 with a quota of 310 bids. It received 471 bids, of which 307 were successful.

Category D, which covers motorcycles, posted a premium of $11,012, down from $12,201, and received 599 bids for a quota of 530. Of the total bids, 522 were successful.

The exercise closed on 7 October.

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