SINGAPORE: Certificate of Entitlement (COE) premiums closed lower on Thursday (Jan 5) in the first bidding exercise of the year. For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$80,000, down from S$88,007 in the last exercise. Premiums for
SINGAPORE: Certificate of Entitlement premiums closed lower on Thursday in the first bidding exercise of the year.
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$80,000, down from S$88,007 in the last exercise. Premiums for larger and more powerful cars in Category B fell to S$102,002, after rising to S$108,006 in theOpen category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell to S$107,889 from S$109,600.
COE prices for commercial vehicles, which include goods vehicles and buses, fell to S$77,301 from S$78,200 in the previous bidding exercise.A total of 2,282 bids were received, with a quota of 1,533 COEs available.
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