COE premiums close lower for all categories in latest bidding exercise

In the most recent bidding exercise on Wednesday ( Jun 5 ), Certificate of Entitlement ( COE ) premiums for all categories closed lower.

For Category A cars, or those 1, 600cc and below with horsepower not exceeding 130bhp, premiums closed at S$ 88, 200 ( US$ 65, 480 ), down from S$ 92, 700 in the last exercise.

Prices for larger and more powerful vehicles in Category B fell to S$ 100, 607&nbsp, from S$ 105, 689.

COEs for corporate cars, which include items cars and trucks, fell to S$ 70, 589 from S$ 72, 001 in the previous selling practice.

Motorcycle rates closed at S$ 8, 989, along from S$ 9, 311 in the last training.

Open class COEs, which can be used for any car kind but end up being used primarily for huge cars, fell to S$ 101, 600 from S$ 105, 002.

A full of 3, 722&nbsp, proposals were received, with a limit of 2, 579&nbsp, COEs accessible.