SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly lower in the latest bidding exercise on Wednesday (Feb 5).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$30,010, down from S$35,010 in the last exercise.
AdvertisementAdvertisementPremiums for larger and more powerful cars in Category B fell to S$30,890 from S$37,705.
COEs for commercial vehicles, which include goods vehicles and buses, rose marginally to S$25,013 from S$25,001 in the previous bidding exercise.
Motorcycle premiums closed at S$4,401, down from S$4,610 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$34,900 from S$37,500.
AdvertisementAdvertisementA total of 4,227 bids were received, with a quota of 3,193 COEs available.
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