The COE premium for smaller, less powerful cars closed at $98,001, up from $92,000. Read more at straitstimes.com.
SINGAPORE – Certificate of entitlement premiums ended mostly higher at the latest tender on Wednesday as a price correction in the previous round sent consumers back to showrooms.and Wednesday’s also allowed dealers to collect more orders.
The COE premium for smaller, less powerful cars closed at $98,001, up from $92,000, while that for bigger, more powerful cars finished at $120,702, up from $113,034. The premium for the open category COE, which can be used for any vehicle type but ends up almost exclusively for bigger, more powerful cars, closed at $120,889 – the only one which posted a drop from its previous $125,000.
The commercial vehicle COE premium ended at $81,801, up from $77,501, while that for motorcycles continued its rebound to hit $11,001, up from $10,602.sent prices tumbling from their highs. Unlike the usual two-week gap between tenders, this latest one came after a three-week break – a function of the calendar.Individual bidders are also seen to be driving up the motorcycle COE premium.
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