In Singapore, car ownership costs fell for most vehicle types, but motorcycle costs rose.

In Singapore's latest Certificate of Entitlement (COE) bidding, premiums for most vehicle categories declined except for motorcycles. Category A COE for smaller cars and electric vehicles dropped to S$85,000, the lowest since March 2024. Category B for larger cars fell to S$111,104, and commercial vehicles decreased to S$62,506. Open category COEs fell to S$110,000, while motorcycle premiums rose to S$8,289.

2 months ago
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