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COE premiums close higher for all categories in latest bidding exercise

LaksaNews

Myth
Member
SINGAPORE: Certificate of Entitlement (COE) premiums closed higher in the latest bidding exercise on Wednesday (Sep 4).

For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$96,490, up from S$93,900 in the last exercise.

Premiums for larger and more powerful cars in Category B rose to S$106,300 from S$105,889.

COEs for commercial vehicles, which include goods vehicles and buses, rose to S$74,001 from S$72,400 in the previous bidding exercise.

Motorcycle premiums closed at S$9,801, up from S$9,310 in the last exercise.

Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose to S$106,901 from S$106,001.

A total of 3,566 bids were received, with a quota of 2,562 COEs available.

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