Category B, Open Category COE premiums hit new highs again

SINGAPORE: As prices for Category B and Open Category certificates once again reached new highs, Certificate of Entitlement( COE ) premiums closed mostly higher on Wednesday( Sep 6 ).

Premiums for Category A vehicles— those with a horsepower of at least 130 bhp — closed at S$ 101, 000 ( US$ 74, 150 ), an increase from S$ 100, 000 in the previous exercise.

Following the report andnbsp of S$ 129, 890 in the previous sensitive, premiums for larger and more powerful vehicles in Category B increased to S$ 134, 8089, setting a new high.

In the previous selling training, Submissions for corporate vehicles, including goods vehicles and buses, increased to S$ 82, 889.

In the previous workout, motorcycle prices closed at S$ 10, 901, along from S$ 11, 402.

Available type COEs, which can be used for any type of vehicle but are typically used primarily for huge cars, increased from S$ 131, 000 in the previous bidding exercise for the third time in a row, breaking another fresh record. & nbsp,

There were 2, 722 full requests received, with a limit of 1, 933 Submissions.