In the latest round of COE bidding for July 2024, Category B prices experienced a moderate decrease, while other categories saw minor changes.
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Key Changes in COE Prices
1. Category B COE Prices:
Moderate Decrease: Category B, encompassing cars with engines over 1,600cc or with more than 130hp, and electric vehicles with power exceeding 110kW, saw the largest drop. COE prices fell by $1,433, settling at $100,901.
2. Category A COE Prices:
Slight Increase: For cars with engines up to 1,600cc and under 130hp, as well as electric cars up to 110kW, COE prices rose by $112, concluding at $91,001.
3. Category C COE Prices:
Minor Increase: Goods vehicles and buses saw a slight rise in COE prices, increasing by $101 to $70,001.
4. Category D COE Prices:
Decrease: Motorcycles experienced a small drop in COE prices, decreasing by $102 to $8,900.
5. Category E COE Prices:
Moderate Increase: Open to all vehicles except motorcycles, Category E saw premiums rise by $889, ending at $100,889.
Detailed Summary of COE Prices for July 2024
