SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly higher in the latest bidding exercise on Wednesday (May 9).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$38,941, up from S$38,510 in the last exercise.
Premiums for larger and more powerful cars in Category B rose to S$38,501 from S$37,330.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose to S$38,600 from S$38,389.
Motorcycle premiums closed at S$7,204, up from S$7,115 in the last exercise.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$33,190 from S$34,202 in the previous bidding exercise.
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