SINGAPORE: Certificate of Entitlement (COE) premiums closed higher across the board on Wednesday (Sep 17), with prices for smaller cars hitting another record high.
COE prices for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, closed at S$119,003 (US$93,171). This is an increase from the previous high of S$107,889 in the last tender on Sep 3.
Premiums for larger and more powerful cars in Category B rose to S$136,890 from S$127,501.
COEs for commercial vehicles, which include goods vehicles and buses, rose to S$72,501 from S$71,556 in the previous bidding exercise.
Motorcycle premiums closed at S$9,209, up from S$9,101 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$140,502 from S$127,901.
A total of 5,364 bids were received, with a quota of 3,135 COEs available.
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COE prices for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, closed at S$119,003 (US$93,171). This is an increase from the previous high of S$107,889 in the last tender on Sep 3.
Premiums for larger and more powerful cars in Category B rose to S$136,890 from S$127,501.
COEs for commercial vehicles, which include goods vehicles and buses, rose to S$72,501 from S$71,556 in the previous bidding exercise.
Motorcycle premiums closed at S$9,209, up from S$9,101 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$140,502 from S$127,901.
A total of 5,364 bids were received, with a quota of 3,135 COEs available.
Continue reading...