SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly higher in the latest bidding exercise on Wednesday (Jun 18), with motorcycles the sole exception.
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$98,124 (US$76,400), up from S$96,999 in the last exercise.
Premiums for larger and more powerful cars in Category B rose to S$116,670 from S$113,000.
COEs for commercial vehicles, which include goods vehicles and buses, rose to S$65,000 from S$62,000 in the previous bidding exercise.
Motorcycle premiums closed at S$8,600, down from S$9,000 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$116,889 from S$113,900.
A total of 4,207 bids were received, with a quota of 3,067 COEs available.
