SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly lower in the latest bidding exercise on Wednesday (Feb 7).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$79,000, down from S$81,589 in the last exercise.
Premiums for larger and more powerful cars in Category B fell to S$102,338 from S$112,000.
COEs for commercial vehicles, which include goods vehicles and buses, rose to S$72,001 from S$68,001 in the previous bidding exercise.
Motorcycle premiums closed at S$9,290, down from S$9,309 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$100,101 from S$109,004.
A total of 4,482 bids were received, with a quota of 2,482 COEs available.
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For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$79,000, down from S$81,589 in the last exercise.
Premiums for larger and more powerful cars in Category B fell to S$102,338 from S$112,000.
COEs for commercial vehicles, which include goods vehicles and buses, rose to S$72,001 from S$68,001 in the previous bidding exercise.
Motorcycle premiums closed at S$9,290, down from S$9,309 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$100,101 from S$109,004.
A total of 4,482 bids were received, with a quota of 2,482 COEs available.
Continue reading...