SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly higher in the latest bidding exercise on Wednesday (Apr 19), with Category A and B prices reaching record highs for the third straight tender.
Premiums for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, closed at S$103,721 (US$77,693), up from S$96,501 in the last exercise on Apr 5.
Premiums for larger and more powerful cars in Category B rose to S$120,889 from S$118,501.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose to S$124,501, breaking its previous all-time high of S$118,990.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$75,334 from S$76,801 in the previous bidding exercise.
Motorcycle premiums closed at S$12,179, up from S$12,001 in the last exercise.
A total of 2,181 bids were received, with a quota of 1,590 COEs available.
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Premiums for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, closed at S$103,721 (US$77,693), up from S$96,501 in the last exercise on Apr 5.
Premiums for larger and more powerful cars in Category B rose to S$120,889 from S$118,501.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose to S$124,501, breaking its previous all-time high of S$118,990.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$75,334 from S$76,801 in the previous bidding exercise.
Motorcycle premiums closed at S$12,179, up from S$12,001 in the last exercise.
A total of 2,181 bids were received, with a quota of 1,590 COEs available.
Continue reading...