COE Premiums Decrease Across All Categories; Big-Car COE Drops 4%

In the latest Certificate of Entitlement (COE) bidding exercise, premiums have decreased across all categories. Notably, the premium for Category B—covering larger and more powerful cars—fell by 4%, amounting to a reduction of S$4,876, bringing the new premium to S$116,625.

This decline in COE premiums is observed across various vehicle categories, indicating a potential easing in demand or adjustments in market dynamics. Industry analysts suggest that factors such as changes in COE quota allocations and market demand could be influencing these trends.