Premiums for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, dropped by over S$2,000.
Singapore
Premiums for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, dropped by over S$2,000.
Cars on an expressway in Singapore. (File photo: CNA/Gaya Chandramohan)
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Category B premiums fell 0.76 per cent to S$129,890 from S$130,889, while COEs for commercial vehicles also fell.
The last time the Category A premium crossed S$126,000 was in October 2025, when it reached S$128,105.
This marks the third exercise this year in which Category A premiums have exceeded those of Category B.
SINGAPORE, June 4 — Singapore’s Category A Certificate of Entitlement (COE) premiums rose to S$126,009 (RM394,543) in the latest…
The COE premium for Category C, which includes goods vehicles and buses, also hit a record of S$95,000.
The surge in premiums comes ahead of the December 31 expiry of incentives given by the government to encourage EV adoption.
