SINGAPORE: Certificate of Entitlement (COE) premiums for Category A and B closed higher in the latest bidding exercise on Wednesday (Jun 7) after falling in May under the inc
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell to S$120,889 from S$125,000.
Motorcycle premiums closed at S$11,001, up from S$10,602 in the last exercise. This comes after prices took a plunge on May 4, followingA total of 3,003 bids were received, with a quota of 1,782 COEs available. These COEs are from a pool of guaranteed deregistrations of five-year COEs which are set to expire when supply is higher. LTA will bring them forward to be distributed over the next few quarters.
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