SINGAPORE: Certificate of Entitlement (COE) premiums closed lower in the latest bidding exercise on Wednesday (Nov 4).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$35,990, down from S$37,334 in the last exercise.
AdvertisementAdvertisementPremiums for larger and more powerful cars in Category B fell to S$39,000 from S$40,990.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$31,502 from S$33,778 in the previous bidding exercise.
Motorcycle premiums closed at S$7,251, down from S$7,300 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$39,500 from S$39,889.
AdvertisementAdvertisementA total of 4,645 bids were received, with a quota of 3,347 COEs available.
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