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The Straits Times·3 min read·medium

Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
AI Summary

Singapore's Category A Certificate of Entitlement (COE) premiums have exceeded Category B prices for the third time in four months. While most vehicle categories saw a price decrease, the shift reflects changing demand dynamics, particularly for electric vehicles.

Why it matters

COE prices are a critical indicator of the cost of living and transportation policy in Singapore, directly influencing the affordability of vehicle ownership.

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A Category A COE now costs $123,847, compared with the Category B premium of $123,502.

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economybusiness
Political Bias
Center
LeftLean LCenterLean RRight
Confidence: 95%

The article relies on market data and expert commentary to explain price fluctuations without taking a stance on the policy.

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