SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly lower in the latest bidding exercise on Wednesday (Jun 6).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$36,426, down from S$38,001 in the last exercise.
Premiums for larger and more powerful cars in Category B fell to S$36,000 from S$37,989.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell to S$37,000 from S$38,700.
Motorcycle premiums closed at S$7,001, down from S$7,115 in the last exercise.
COEs for commercial vehicles, which include goods vehicles and buses, rose to S$29,902 from S$29,901 in the previous bidding exercise.
A total of 5,863 bids were received, with a quota of 4,290 COEs available.