SINGAPORE: Certificate of Entitlement ( COE ) premiums closed lower across all categories in the latest bidding exercise on Wednesday ( Jan 22 ).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$ 93,601 ( US$ 69,069 ), down from S$ 93,699 in the last exercise.
Premiums for larger and more powerful cars in Category B fell to S$ 116,625 from S$ 121,501.
COEs for commercial vehicles, which include goods vehicles and buses, fell to S$ 65,476 from S$ 67,891 in the previous bidding exercise.
Motorcycle premiums closed at S$ 7,709, down from S$ 9,001 in the last exercise.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell to S$ 115,112 from S$ 123,000.
A full of 3,895 proposals were received, with a limit of 2,715 COEs accessible.