SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly higher in the latest bidding exercise on Wednesday (Mar 6).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$83,000, up from S$76,801 in the last exercise.
Premiums for larger and more powerful cars in Category B fell to S$96,010 from S$97,000.
COEs for commercial vehicles, which include goods vehicles and buses, rose to S$75,599 from S$73,001 in the previous bidding exercise.
Motorcycle premiums closed at S$9,400, up from S$8,911.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose to S$95,010 from last month's S$94,006 - the first time it fell below S$100,000 since May 2022.
A total of 4,170 bids were received, with a quota of 2,550 COEs available.
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For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$83,000, up from S$76,801 in the last exercise.
Premiums for larger and more powerful cars in Category B fell to S$96,010 from S$97,000.
COEs for commercial vehicles, which include goods vehicles and buses, rose to S$75,599 from S$73,001 in the previous bidding exercise.
Motorcycle premiums closed at S$9,400, up from S$8,911.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose to S$95,010 from last month's S$94,006 - the first time it fell below S$100,000 since May 2022.
A total of 4,170 bids were received, with a quota of 2,550 COEs available.
Continue reading...