SINGAPORE: Certificate of Entitlement (COE) premiums closed lower for all categories in the latest bidding exercise on Wednesday (Oct 23).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$102,900, down from S$103,799 in the last exercise.
Premiums for larger and more powerful cars in Category B fell to S$113,890
COEs for commercial vehicles, which include goods vehicles and buses, fellfrom S$75,009 in the previous bidding exercise.
Motorcycle premiums closed at S$9,589, down from S$10,001 in the last exercise.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell to S$114,700 from S$116,000 on Oct 9.
A total of 3,764
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For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$102,900, down from S$103,799 in the last exercise.
Premiums for larger and more powerful cars in Category B fell to S$113,890
COEs for commercial vehicles, which include goods vehicles and buses, fellfrom S$75,009 in the previous bidding exercise.
Motorcycle premiums closed at S$9,589, down from S$10,001 in the last exercise.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell to S$114,700 from S$116,000 on Oct 9.
A total of 3,764
Continue reading...