SINGAPORE: Certificate of Entitlement (COE) premiums closed higher across the board in the latest bidding exercise on Wednesday (Jul 9).
For smaller cars in Category A, premiums closed at S$101,102 (US$79,000), up by 3 per cent from S$98,124 in the last exercise.
The last time Category A prices crossed the S$100,000 mark was in May.
Premiums for larger and more powerful cars in Category B rose to S$119,600 from S$116,670.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose to S$118,500 from S$116,889.
COEs for commercial vehicles, which include goods vehicles and buses, rose to S$66,689 from S$65,000 in the previous bidding exercise.
Motorcycle premiums closed at S$9,389, up from S$8,600 in the last exercise.
A total of 4,562 bids were received, with a quota of 3,070 COEs available.
