SINGAPORE: The Certificate of Entitlement (COE) premium for Category A cars rose to a new high of S$128,105 (US$98,904) on Wednesday (Oct 8), setting a third consecutive record.
Premiums for most other categories also went up at the close of the bidding exercise.
The largest increase was in Category A, which is for smaller cars. The premium rose by about S$20,200 from S$119,003 in the last exercise.
Prices for larger and more powerful cars in Category B rose from S$136,890 to S$141,000
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell to S$140,009 from S$140,502.
COEs for commercial vehicles, which include goods vehicles and buses, increased to S$74,301 from S$71,556 in the previous bidding exercise.
Motorcycle premiums closed at S$9,810, up from S$9,209 in the last exercise.
A total of 5,300 bids were received, with a quota of 3,164 COEs available.
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Premiums for most other categories also went up at the close of the bidding exercise.
The largest increase was in Category A, which is for smaller cars. The premium rose by about S$20,200 from S$119,003 in the last exercise.
Prices for larger and more powerful cars in Category B rose from S$136,890 to S$141,000
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell to S$140,009 from S$140,502.
COEs for commercial vehicles, which include goods vehicles and buses, increased to S$74,301 from S$71,556 in the previous bidding exercise.
Motorcycle premiums closed at S$9,810, up from S$9,209 in the last exercise.
A total of 5,300 bids were received, with a quota of 3,164 COEs available.
Continue reading...