SINGAPORE: Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Wednesday (Nov 23), with Category A reaching a near 10-year high.
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$90,589, up from S$87,235 in the last exercise.
This is the first time premiums for the category have exceeded the S$90,000 mark since January 2013, when it reached S$92,100.
COEs for commercial vehicles, which include goods vehicles and buses, rose to S$81,802 from S$76,302 in the previous bidding exercise.
The remaining categories, which reached record highs in the last bidding, saw decreases this round.
Premiums for larger and more powerful cars in Category B fell to S$113,881 from an all-time high of S$115,388 in the previous round.
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For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$90,589, up from S$87,235 in the last exercise.
This is the first time premiums for the category have exceeded the S$90,000 mark since January 2013, when it reached S$92,100.
COEs for commercial vehicles, which include goods vehicles and buses, rose to S$81,802 from S$76,302 in the previous bidding exercise.
The remaining categories, which reached record highs in the last bidding, saw decreases this round.
Premiums for larger and more powerful cars in Category B fell to S$113,881 from an all-time high of S$115,388 in the previous round.
Continue reading...