COE premiums close mixed in latest bidding exercise

COE premiums close mixed in latest bidding exercise

File photo of traffic in Singapore
File photo of traffic in Singapore. (Photo: Hester Tan)

SINGAPORE: Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Thursday (Nov 8).

For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$28,199, up from S$25,556 in the last exercise.

Premiums for larger and more powerful cars in Category B rose to S$32,302 from S$31,302.

Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell to S$32,000 from S$32,900.

Motorcycle premiums closed at S$2,509, down from S$3,951 in the last exercise.

COEs for commercial vehicles, which include goods vehicles and buses remain unchanged at S$29,501.

A total of 7,856 bids were received, with a quota of 5,094 COEs available.     

Source: CNA/zl(hm)

Bookmark