SINGAPORE: All Certificate of Entitlement (COE) premiums closed lower on Wednesday (Dec 20), with the Category B premium falling by more than S$20,000 (US$15,045).
The premium for Category B, for larger and more powerful cars, fell from S$130,100 to S$110,001 - a 15 per cent dip.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, also fell - from S$133,388 to S$118,388.
The premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, closed at S$85,000, down from S$88,020 in the previous exercise.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$69,423 from S$71,001 in the previous bidding exercise.
Motorcycle premiums closed at S$9,002, down from S$9,858.
A total of 3,246 bids were received, with a quota of 2,447 COEs available.
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The premium for Category B, for larger and more powerful cars, fell from S$130,100 to S$110,001 - a 15 per cent dip.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, also fell - from S$133,388 to S$118,388.
The premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, closed at S$85,000, down from S$88,020 in the previous exercise.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$69,423 from S$71,001 in the previous bidding exercise.
Motorcycle premiums closed at S$9,002, down from S$9,858.
A total of 3,246 bids were received, with a quota of 2,447 COEs available.
Continue reading...