SINGAPORE: Certificate of Entitlement (COE) premiums closed mainly higher in the latest bidding exercise on Wednesday (Jan 21).
For smaller cars in Category A cars, premiums closed at S$109,501 (US$85,339), up from S$102,009 in the last exercise.
Premiums for larger and more powerful cars in Category B rose to S$121,634 from S$119,100.
COEs for commercial vehicles, which include goods vehicles and buses, decreased to S$75,202 from S$75,503 in the previous bidding exercise.
Motorcycle premiums closed at S$8,860, up from S$8,689 in the last exercise.
Open category COEs, which are used mainly for large cars, dropped to S$120,891 from S$122,000.
A total of 4,979 bids were received, with a quota of 3,224 COEs available.
The latest COE premiums come after the Singapore Motorshow in January, where automakers showcased new vehicle models for sale.
Continue reading...
For smaller cars in Category A cars, premiums closed at S$109,501 (US$85,339), up from S$102,009 in the last exercise.
Premiums for larger and more powerful cars in Category B rose to S$121,634 from S$119,100.
COEs for commercial vehicles, which include goods vehicles and buses, decreased to S$75,202 from S$75,503 in the previous bidding exercise.
Motorcycle premiums closed at S$8,860, up from S$8,689 in the last exercise.
Open category COEs, which are used mainly for large cars, dropped to S$120,891 from S$122,000.
A total of 4,979 bids were received, with a quota of 3,224 COEs available.
The latest COE premiums come after the Singapore Motorshow in January, where automakers showcased new vehicle models for sale.
Continue reading...