In the most recent bidding exercise on Wednesday ( Nov 20 ), Certificate of Entitlement ( COE ) premiums closed significantly lower across most categories, with Category A cars seeing a 10 % decline.
Premiums for Category A cars, or those 1, 600cc and below with horsepower not exceeding 130bhp, closed at S$ 89, 889 ( US$ 67, 000 ), down from S$ 99, 889 in the last exercise.
Prices for larger and more powerful vehicles in Category B fell to S$ 105, 081 from S$ 108, 001.
COEs for corporate cars, which include items cars and trucks, rose to S$ 69, 000 from S$ 68, 340 in the previous selling practice.
Motorcycle rates closed at S$ 8, 669, along from S$ 9, 089 in the last training.
Open class Submissions, which can be used for any car form but end up being used primarily for large vehicles, fell to S$ 107, 501 from S$ 109, 000.
A full of 3, 507 requests were received, with a limit of 2, 657 COEs accessible.