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Renewed calls to review motorcycle COE system as prices hit an all-time high

Renewed calls to review motorcycle COE system as prices hit an all-time high
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File photo of a motorcycle on a road in Singapore. (Photo: Marcus Mark Ramos)
20 May 2021 11:00PM)
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SINGAPORE: Calls to review the current Certificate of Entitlement (COE) system for motorcycles have cropped up once again as prices hit an all-time high following the latest round of bidding.
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COE prices have been rising since the start of this year, hitting S$8,011 in the previous round of bidding earlier this month, which has led to some people having to delay plans to buy motorcycles. ....

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Singapore's COE prices rise across all categories at end of Jan 20 bidding exercise | Singapore

Thursday, 21 Jan 2021 09:09 AM MYT
COE prices rose across all categories at the end of the latest bidding exercise yesterday. ― TODAY pic
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SINGAPORE, Jan 21 Certificate of Entitlement (COE) prices rose across all categories at the end of the latest bidding exercise yesterday.
Premiums for small cars (up to 1,600cc & 97kW) went up by 7.12 per cent to S$43,501 (RM132,718).
For large cars (above 1,600cc or 97kW), premiums went up from S$49,001 in the previous bidding exercise to S$50,100.
COE prices for goods vehicles and buses rose by 14.2 per cent to S$40,999.In the motorcycle category, premiums went up to S$7,589, compared with S$7,501 in the previous bidding exercise. ....

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