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COE premiums close mostly lower in latest bidding exercise

Only open category premiums did not decrease, closing unchanged at S$137,000.

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在最近一次竞标中,拥车证溢价大多走低。

Only open category premiums did not decrease, closing unchanged at S$137,000.

Cars on an expressway in Singapore. (File photo: CNA/Gaya Chandramohan)

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SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly lower in the latest bidding exercise on Wednesday (Oct 7).

For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$130,001 (US$101,600), down 1.43 per cent from S$131,890 in the last exercise .

Premiums for larger and more powerful cars in Category B fell 2.18 per cent to S$130,100 from S$133,000.

COEs for commercial vehicles, which include goods vehicles and buses, fell 0.28 per cent to S$91,889 from S$92,144 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$11,012, down 9.75 per cent from S$12,201 in the last exercise. Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, closed unchanged at S$137,000. A total of 4,248 bids were received, with a quota of 3,270 COEs available. The COE quota for August to October stands at 19,085 – up 0.2 per cent from the previous quarter .

Motorcycle premiums closed at S$11,012, down 9.75 per cent from S$12,201 in the last exercise.

Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, closed unchanged at S$137,000.

A total of 4,248 bids were received, with a quota of 3,270 COEs available.

The COE quota for August to October stands at 19,085 – up 0.2 per cent from the previous quarter .

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