COE prices close lower for all categories in latest bidding exercise

In the most recent bidding exercise on Wednesday ( October 23 ), Certificate of Entitlement ( COE ) premiums closed lower across all categories.

For Category A vehicles, or those 1, 600cc and above with power never exceeding 130bhp, rates closed at S$ 102, 900, along from S$ 103, 799 in the last workout.

Prices for larger and more powerful vehicles in Category B fell&nbsp, to S$ 113, 890&nbsp, from S$ 116, 002.

COEs for corporate cars, which include items cars and trucks, fell&nbsp, to S$ 72, 939&nbsp, from S$ 75, 009 in the previous selling practice.

Motorcycle rates closed at S$ 9, 589, along from S$ 10, 001 in the last workout.

Open class Submissions, which can be used for any car form but end up being used primarily for huge cars, fell to S$ 114, 700 from S$ 116, 000 on Oct 9.

A full of 3, 764&nbsp, proposals were received, with a limit of 2, 649 COEs accessible.