SINGAPORE: Certificate of Entitlement (COE) premiums closed higher in all categories except for commercial vehicles in the latest bidding exercise on Wednesday (Nov 18).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$37,690, up from S$35,990 in the last exercise.
AdvertisementAdvertisementPremiums for larger and more powerful cars in Category B rose to S$41,101 from S$39,000.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$30,334 from S$31,502 in the previous bidding exercise.
Motorcycle premiums closed at S$7,300, up from S$7,251 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$41,503 from S$39,500.
AdvertisementAdvertisementA total of 4,999 bids were received, with a quota of 3,405 COEs available.
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