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COE prices close higher; Category A premiums rise by S$4,500

Category A COE premiums closed at S$133,009, up S$4,508 from the last bidding exercise.

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拥车证价格收高;A类拥车证溢价上涨4500新元

Category A COE premiums closed at S$133,009, up S$4,508 from the last bidding exercise.

Vehicles at a busy intersection in Sims Way, Singapore. (File photo: CNA/Jeremy Long)

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SINGAPORE: Certificate of Entitlement (COE) premiums closed higher in the latest bidding exercise on Wednesday (Sep 9).

For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$133,009 (US$105,000), up S$4,508 from S$128,501 in the last exercise.

Premiums for larger and more powerful cars in Category B rose to S$135,001 from S$131,001.

COEs for commercial vehicles, which include goods vehicles and buses, rose to S$93,101 from S$90,002 in the previous bidding exercise.

CNA Games Guess Word Crack the word, one row at a time Buzzword Create words using the given letters Mini Sudoku Tiny puzzle, mighty brain teaser Mini Crossword Small grid, big challenge Word Search Spot as many words as you can Show More Show Less Motorcycle premiums closed at S$12,556, up from S$11,301 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$137,890 from S$135,000. A total of 4,776 bids were received, with a quota of 3,253 COEs available. The quota for COEs for the August to October period is 19,085 , a 0.2 per cent increase from the previous quarter's 19,052 COEs.

Motorcycle premiums closed at S$12,556, up from S$11,301 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$137,890 from S$135,000.

A total of 4,776 bids were received, with a quota of 3,253 COEs available.

The quota for COEs for the August to October period is 19,085 , a 0.2 per cent increase from the previous quarter's 19,052 COEs.

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