Latest COE bidding results in declines in 4 categories

The exercise received a total of 3,303 bids.

Certificate of Entitlement (COE) prices in four out of five categories declined in the latest bidding exercise on 4 January 2024.

Prices for Category A or vehicles with up to 1,600 cc fell to $65,010 from $85,000 in previous bidding.

For Category B or vehicles with above 1,600 cc, prices fell to $85,010 from $110,001 previously.

Meanwhile, COEs for goods vehicles and buses under Category C fell to $67,599 from $78,200.

For motorcycles in Category D, prices increased to $9,114 from $9,002 in previous bidding, while Open Category COEs (Category E) fell to $106,388 from $118,388.

There were a total of 3,303 bids received in this exercise.

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