Singapore
05 May 2021 04:13PM (Updated: 05 May 2021 04:26PM )
SINGAPORE: Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Wednesday (May 5).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$48,002, down from S$49,640 in the last exercise.
Premiums for larger and more powerful cars in Category B fell to S$60,001 from S$61,190.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$43,001 from S$44,001 in the previous bidding exercise.
Motorcycle premiums closed at S$8,011, up from S$8,000 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$63,002 from S$62,100. Open category COEs are at the highest since July 2015.
A total of 3,893 bids were received, with a quota of 2,726 COEs available.
COE prices rose sharply in the last tender two weeks ago, with premiums for Category B surging to the highest in more than five years.
Source: CNA/dv
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COE prices close mixed in latest bidding exercise
File photo of cars and other vehicles on a highway in Singapore (Photo: Jeremy Long)05 May 2021 04:13PM (Updated: 05 May 2021 04:26PM )
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SINGAPORE: Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Wednesday (May 5).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$48,002, down from S$49,640 in the last exercise.
Premiums for larger and more powerful cars in Category B fell to S$60,001 from S$61,190.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$43,001 from S$44,001 in the previous bidding exercise.
Motorcycle premiums closed at S$8,011, up from S$8,000 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$63,002 from S$62,100. Open category COEs are at the highest since July 2015.
A total of 3,893 bids were received, with a quota of 2,726 COEs available.
READ: Fewer COEs available for May to July, quota lowest in 6 years
COE prices rose sharply in the last tender two weeks ago, with premiums for Category B surging to the highest in more than five years.
Source: CNA/dv
Continue reading...