COE prices close mixed in latest bidding exercise
File photo of cars and other vehicles in Singapore. (File photo: Jeremy Long)
SINGAPORE: Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Wednesday (Feb 19).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$32,999, up from S$30,010 in the last exercise.
Premiums for larger and more powerful cars in Category B rose to S$32,889 from S$30,890.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$25,001 from S$25,013 in the previous bidding exercise.
Motorcycle premiums closed at S$4,309, down from S$4,401 in the last exercise.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell to S$33,301 from S$34,900.
A total of 4,863 bids were received, with a quota of 3,226 COEs available.
