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COE premiums close mixed in latest bidding exercise

LaksaNews

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SINGAPORE: Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Wednesday (Apr 4).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$37,000, down from S$38,000 in the last exercise.
Premiums for larger and more powerful cars in Category B rose to S$37,605 from S$37,010.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose to S$38,039 from S$38,000.
Motorcycle premiums closed at S$7,114, down from S$7,602 in the last exercise.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$34,001 from S$35,001 in the previous bidding exercise.
A total of 5,997 bids were received, with a quota of 4,375 COEs available.
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