Yet another high record set for COE of motorcycles

COE motorcycle

By COE.Sgcharts.com
Certificate of Entitlement (COE) for Motorcycles has broken new record again in the COE bidding exercise yesterday at $6,801, breaking the previous record of $6,312 (1st Bidding Exercise of April 2015) by almost $500. Previous high was $5,800 from the bidding exercise just two months ago.Two years ago, the average price of motorcycle COEs was $1,757 in 2013.

Besides the COE for motorcycles, categories A, B and E have seen their prices increase consecutively in the last three bidding rounds.

Category C, goods vehicle and buses on the other hand has seen a sharp drop of 17% from $64,001 to $53,001 from the previous bidding exercise.

COE bidding results APR 2nd