World News
Category A COE premium falls to S$126,000; Category B sees slight dip
Key Points
Category A COE premium falls to S$126,000; Category B sees slight dip Category B premiums fell to S$129,890 from S$130,889, while COEs for commercial vehicles also fell. SINGAPORE: Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Wednesday (Jul 22). For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$126,000 (US$97,600), down per cent from the record of S$129,000 in the last exercise.
Category A COE premium falls to S$126,000; Category B sees slight dip
Category B premiums fell to S$129,890 from S$130,889, while COEs for commercial vehicles also fell.
SINGAPORE: Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Wednesday (Jul 22).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$126,000 (US$97,600), down per cent from the record of S$129,000 in the last exercise.
Premiums for larger and more powerful cars in Category B fell to S$129,890 from S$130,889.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$93,889 from S$95,000 in the previous bidding exercise.
Motorcycle premiums closed at S$10,202, up from S$10,201 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$129,971 from S$129,801.
A total of 4,455 bids were received, with a quota of 3,242 COEs available.
[Image text:] FAn
Cang Town
Kang Di