SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly higher in the latest bidding exercise on Wednesday (Aug 18).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$46,689, up from S$45,189 in the last exercise.
Premiums for larger and more powerful cars in Category B rose to S$61,001 from S$56,001.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$40,010 from S$42,589 in the previous bidding exercise.
Motorcycle premiums closed at S$9,500, up from S$8,899 in the last exercise.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose to S$64,901 from S$59,599.
A total of 3,455 bids were received, with a quota of 2,367 COEs available.