Singapore's Certificate of Entitlement (COE) premiums, particularly for larger and more powerful cars in Category B, closed mostly higher in the latest bidding exercise on May 20. However, Category A prices fell for the first time after six consecutive increases. COEs for commercial vehicles and open category COEs also saw significant increases.
Add CNA as a trusted source to help Google better understand and surface our content in search results.cards interface. Give it a try. SINGAPORE: Certificate of Entitlement premiums closed mostly higher in the latest bidding exercise on Wednesday , except for Category A prices, which fell for the first time after six consecutive increases.
Premiums for larger and more powerful cars in Category B rose 2.59 per cent to S$129,501 from S$126,236, representing a six-month high. , when Category B closed at S$129,890. For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums fell 0.45 per cent to close at S$124,229, down from S$124,790 in theCOEs for commercial vehicles, which include goods vehicles and buses, climbed 5.42 per cent to S$92,223 from S$87,479 in the previous bidding exercise.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, closed at S$130,000, up 1.8 per cent from S$127,700.
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