SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly lower in the latest bidding exercise on Wednesday (Mar 18).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$31,210, down from S$32,699 in the last exercise.
AdvertisementAdvertisementPremiums for larger and more powerful cars in Category B fell to S$30,012 from S$32,801.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$22,002 from S$24,202 in the previous bidding exercise.
Motorcycle premiums closed at S$4,489, up from S$4,310 in the last exercise.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, stay unchanged at S$32,500.
AdvertisementAdvertisementA total of 4,755 bids were received, with a quota of 3,334 COEs available.
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