This is the first tender under a smaller supply for the quarter - a 13.7 per cent reduction from the quota in the previous quarter.
The upward trend started on May 19 when premiums rose by a dollar to S$9,490.
Elsewhere premiums for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, closed at S$87,235, up from S$81,089 in the last exercise.
COEs for commercial vehicles, which include goods vehicles and buses, rose to S$76,302 from S$70,201 in the previous bidding exercise.
A total of 2,294 bids were received, with a quota of 1,528 COEs available.
Continue reading...
The upward trend started on May 19 when premiums rose by a dollar to S$9,490.
Elsewhere premiums for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, closed at S$87,235, up from S$81,089 in the last exercise.
COEs for commercial vehicles, which include goods vehicles and buses, rose to S$76,302 from S$70,201 in the previous bidding exercise.
A total of 2,294 bids were received, with a quota of 1,528 COEs available.
Continue reading...