SINGAPORE: In the most recent bidding exercise on Thursday ( May 23 ), Certificate of Entitlement ( COE ) premiums for smaller cars and motorcycles decreased.
For Category A cars, or those 1, 600cc and below with horsepower not exceeding 130bhp, premiums closed at S$ 92, 700 ( US$ 68, 700 ), down , from S$ 93, 604 in the last exercise.
Prices for larger and more powerful vehicles in Category B rose significantly to S$ 105, 689 from S$ 105, 002.
COEs for corporate cars, which include items cars and trucks, increased the most- by S$ 2, 000- from S$ 70, 001 to S$ 72, 001.
Motorcycle prices closed at S$ 9, 311, along from S$ 9, 503 in the last workout.
Open class Submissions, which can be used for any car form but end up being used primarily for large vehicles, inched up slightly to S$ 105, 002, from S$ 104, 689.
A full of 3, 824 requests were received, with a limit of 2, 552 COEs accessible.