SINGAPORE: Certificate of Entitlement (COE) premiums closed higher in the latest bidding exercise on Wednesday (Apr 3).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$29,159, up from S$26,659 in the last exercise.
AdvertisementPremiums for larger and more powerful cars in Category B rose to S$43,102 from S$39,401.
COEs for commercial vehicles, which include goods vehicles and buses, rose to S$27,589 from S$27,021 in the previous bidding exercise.
Motorcycle premiums closed at S$3,501, up from S$3,469 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$48,209 from S$41,000.
AdvertisementAdvertisementA total of 6,392 bids were received, with a quota of 4,396 COEs available.
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