SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly higher in the latest bidding exercise on Wednesday (Mar 7).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$38,830, up from S$36,810 in the last exercise.
Premiums for larger and more powerful cars in Category B rose to S$39,001 from S$39,000.
AdvertisementAdvertisementOpen category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose to S$39,000 from S$38,801.
Motorcycle premiums closed at S$8,009, up from S$7,667 in the last exercise.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$36,003 from S$36,859 in the previous bidding exercise.
A total of 6,434 bids were received, with a quota of 4,316 COEs available.
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