Singapore
COE prices for bigger cars hit $134,889, open category soars to $137,000 in Singapore
In a consecutive trend, Singapore’s Certificate of Entitlement (COE) prices reach new highs, with significant surges for bigger cars and the Open category in the latest tender.
SINGAPORE: The Certificate of Entitlement (COE) prices witnessed another surge, marking the third consecutive tender where prices have reached new highs. The latest tender on Wednesday (6 Sep) revealed a significant jump in prices, particularly for larger cars and the Open category.
For cars boasting engines beyond 1,600cc or power exceeding 130bhp, as well as electric vehicles (EVs) with an output surpassing 110kW, the COE price increased by 3.85 per cent. Rising from the previous value of S$129,890, the new price now stands at S$134,889.
Open category COE, which is versatile and can be applied to almost any vehicle type barring motorcycles, saw its premium increase by 4.58 per cent.
Formerly priced at S$131,000, the premium has now soared to a staggering S$137,000. It’s noteworthy that the majority of these COEs find their use for larger vehicles.
Category A COE, primarily used for less powerful cars and EVs, experienced a marginal increase. With a jump of S$1,000 from its previous value, the current price is pegged at S$101,000.
On the commercial front, the vehicle COE price witnessed a modest rise of 0.11 per cent. Climbing slightly from its earlier price of S$82,801, the COE now stands at S$82,889.
Providing a silver lining amid the ascending prices, the motorcycle category was the sole segment to see a decline. The latest COE premium for motorcycles settled at S$10,901, which is 4.39 per cent lower than the prior price of S$11,402.
Civil Society
Three women to contest charges over pro-Palestinian procession outside Istana
Three Singaporean women, charged under the Public Order Act for organizing a pro-Palestinian procession on 2 February, will contest their charges at trial, a court heard on 18 September. About 70 people participated in the February event, carrying watermelon-adorned umbrellas as a symbol of Palestinian resistance while delivering letters to then-Prime Minister Lee Hsien Loong.
SINGAPORE: Three Singaporean women charged in connection with a pro-Palestinian procession to the Istana will contest their charges at trial, a court heard on Wednesday (18 September).
The defendants are Annamalai Kokila Parvathi, 35, an activist with the Transformative Justice Collective (TJC); Siti Amirah Mohamed Asrori, 29, a social media influencer; and Mossamad Sobikun Nahar, 25, a community worker.
They were charged in June under the Public Order Act for organizing an unpermitted procession on 2 February.
During the court hearing on Wednesday, the trio, through their lawyer, indicated their intention to contest the charges and claim trial.
Siti Amirah and Mossamad are accused of organizing the procession that occurred between 2pm and 3pm along the perimeter of the Istana, a restricted area.
Kokila is charged with abetting the conspiracy by collaborating with Siti, Mossamad, Alysha Mohamed Rahmat Shah, Anystasha Mohamed Rahmat Shah, and other unnamed individuals to organize the event.
According to a previous police statement, around 70 people gathered outside a mall on Orchard Road at about 2pm on 2 February before marching towards the Istana.
They carried umbrellas painted with watermelon images, symbolizing support for Palestinians amidst the ongoing Israel- Palestinian conflict.
The watermelon, reflecting the colors of the Palestinian flag, has become a symbol of solidarity.
Social media posts indicate that participants of the Letters for Palestine event walked from Plaza Singapura to the Istana to deliver letters addressed to then-Prime Minister Lee Hsien Loong.
The cases have been adjourned to October for pre-trial conferences.
If convicted under the Public Order Act, the women face a potential penalty of up to six months’ imprisonment, a fine of up to S$10,000, or both.
The police have reiterated their call for the public to avoid actions that could disrupt peace, public order, and social harmony in Singapore.
They advised that while strong feelings about the Israel-Hamas conflict are understandable, lawful means of expression, such as participating in organized forums, dialogues, and donation drives, are preferable to illegal protests.
Singapore
COE prices surge across most categories, Open Category hits S$113,104
COE premiums rose on 18 September, with the Open Category hitting S$113,104, the highest since December 2023. Category A and B premiums also saw increases, while commercial vehicle COEs remained stable.
Certificate of Entitlement (COE) premiums surged across most categories on 18 September, with the Open Category recording the steepest increase, reaching S$113,104.
This marks the highest price since December 2023, when the premium for an Open Category COE peaked at S$118,388.
The Category A COE, designated for smaller and less powerful cars as well as electric vehicles (EVs), rose by 2.1% to S$98,524 from S$96,490 at the previous tender on 4 September. This is the highest price recorded for Category A COEs in 2024.
Category B COEs, which apply to larger and more powerful cars and EVs, saw a 3.5% increase, with premiums rising to S$110,001 from the previous S$106,300.
Meanwhile, the Open Category, or Category E, which can be used to register any vehicle except motorcycles but is often applied to larger vehicles, rose by 5.8% to S$113,104, compared to S$106,901 from the earlier tender.
In contrast, the COE premium for commercial vehicles (Category C) remained largely unchanged at S$74,000, only S$1 below the figure from the previous exercise.
The premium for motorcycle COEs (Category D) saw a modest 1% increase, reaching S$9,900, up from S$9,801 in the last round.
-
Singapore7 days ago
Minister K Shanmugam transfers Astrid Hill GCB to UBS Trustees for S$88 Million following Ridout Road controversy
-
Politics4 days ago
Dr Tan Cheng Bock questions S$335 million Founders’ Memorial cost, citing Lee Kuan Yew’s stance
-
Singapore2 weeks ago
Singapore woman’s suicide amidst legal battle raises concerns over legal system
-
Parliament1 week ago
Minister Shanmugam rejects request for detailed information on visa-free visitor offences: Cites bilateral considerations
-
Diplomacy2 weeks ago
India PM Narendra Modi meets with PM Lawrence Wong; Four MoUs signed
-
Parliament1 week ago
PAP MPs attack WP Gerald Giam in Parliament over NTUC independence from ruling party
-
Politics2 weeks ago
PAP adopts SDP policies after criticizing them: Dr Chee urges Singaporeans to see through tactics
-
Politics1 week ago
11 former or current PAP MPs & Ministers underscore heavy presence in NTUC leadership