By COE SG charts
COE bidding 2nd oct
There were slight changes in COE prices in most other categories: Premiums for small cars (up to 1,600cc and 97kW) went up from S$63,880 to S$63,990, while premiums for the Open Category — which can be used for any vehicle type but end up being used mainly for big cars — inched up to S$72,201, from S$$72,003.
COE prices for big cars (above 1,600cc and 97kW) dipped from S$72,180 to S$72,002.
There was a significant drop in motorcycle premiums, which had risen for seven consecutive bidding exercises since July. In the latest exercise, they fell 8.1 per cent to S$4,412.
Premiums for Category C (goods vehicles and buses) rose 6.3 per cent to S$61,000, from S$57,389 at the last bidding exercise two weeks ago. Seeing its the largest jump to $61,000. This is largely due to Land Transport Authority’s plans to cut Category C quota for the next three months.
Category C price hit a record-high of $76,310 in October 2013, so there might be room for Category C prices to increase further. High Category C prices may see businesses transferring the costs to consumers, and place a strain on Small – Medium Enterprises (SMEs), such as school bus operators.

The price difference between Category B luxury cars and Category C have narrowed. Thursday’s results showed that the price difference is now a mere $11,002, Category C being 84% of the price of Category B. At the time of the Category C record high last year on 9 Oct 2013, the price difference was $17,190,  Category C being 81% of the price of Category B.
Business owners are currently under a lot of pressure as they require the vehicles for business operations. Eventually, they may pass on the costs to consumers, resulting in inflation.
Business owners should not be paying for LTA’s decision to give generous quotas for Category B luxury cars, while keeping the quota for Category C low.
Subscribe
Notify of
4 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
You May Also Like

Singapore Airlines enrich ticket refunds with added bonuses

Generous redemption and rebooking terms have been offered by Singapore Airlines (SIA)…

许连碹:安装摄像逮垃圾虫 高空抛物情况受控制

2016年至2018年间有超过7700起高空抛物的投诉,惟基于每年有约2300至2800起高空抛物的投诉,因此这个数字仍属 “正常” ,而当局的 “成功破案率” 在随着监控摄像头的增加后,有明显提升。 环境及水源部高级政务部长许连碹昨日(9月3日)在国会中指出,高空抛物情况在经过当局努力提醒民众后有所改善。 而国家环境局在2012年装置监控摄像机后,在逮捕知法犯法的嫌犯上有着显着的提升。“2012年8月至2018年12月期间,共有逾2200名高空抛物罪犯被逮捕,其中52人是重犯。” 她指出,为了防止高空抛物,当局摄下严厉的处罚措施,首次违例者将被罚款2000元,重犯者将被罚款不超过一万元,或垃圾虫劳改(CWO),或两者兼施。 许连碹指出,当局去年共发出2600张垃圾虫劳改通知。 上个月在丹戎巴葛,一名澳大利亚籍男子安德鲁涉嫌在七层楼升降机等候处,高空抛下一支葡萄酒瓶,导致73岁长者身亡,使得高空抛物课题再次成为众人焦点题。 许连碹指出,环境局在2018年,共接获2万6000起乱丢垃圾的投报,及2700起在公共场所处理大型垃圾物件的投诉,当局展开的执法行动分别约3万9000次和30次执法行动。 她在回答义顺集选区议员李美花的询问时指出,当局是在证据确凿后才采取执法行动,而根据案件的复杂程度、提控线索和嫌疑的反应时间,执法过程通常需耗费10周至半年。…

Former PAP politician as deputy Attorney General compared with examples from USA, UK & Australia?

I refer to the article “Indranee: ‘Perfectly acceptable’ for Attorney-Generals to be…

Netizens fume after Transport Minister hinted that public transportation fares may increase following large losses incurred by the Government

While speaking in Parliament on Monday (8 July), Transport Minister Khaw Boon…