SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly lower in the latest bidding exercise on Wednesday (Dec 5).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$23,568, down from S$25,000 in the last exercise.
AdvertisementPremiums for larger and more powerful cars in Category B fell to S$31,001 from S$31,101.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$27,009 from S$27,509 in the previous bidding exercise.
Motorcycle premiums closed at S$3,399, up from S$2,989 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$30,851 from S$30,959.
AdvertisementAdvertisementA total of 6,950 bids were received, with a quota of 5,119 COEs available.
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