COE Prices Mixed, Cat B and Open Category Reach Highest Levels Since Dec 2023

Singapore's Certificate of Entitlement (COE) prices showed a mixed performance in the latest bidding exercise. Premiums for Category B, which covers larger and more powerful cars, and the Open Category hit their highest levels since December 2023. Rising COE prices continue to reflect strong demand amidst a limited quota, affecting vehicle affordability. The latest results emphasize the ongoing challenges faced by buyers in Singapore's competitive car market.