SINGAPORE: Certificate of Entitlement ( COE ) premiums closed mostly higher , in the latest bidding exercise on Wednesday ( May 8 ), with larger cars seeing the highest increase.
Premiums for larger and more powerful cars in Category B rose by more than S$ 3, 000 ( US$ 2, 210 ),  , from S$ 102, 001 in the last exercise , to S$ 105, 002.
Open class Submissions, which can be used for any car form but end up being used primarily for large vehicles, rose to S$ 104, 689 from S$ 103, 249.
COEs for corporate cars, which include items cars and trucks, increased to S$ 70, 001 from S$ 68, 502 in the previous selling practice.
Prices fell in the remaining two types.  ,
For Category A vehicles, or those 1, 600cc and above with power never exceeding 130bhp, rates closed at S$ 93, 604, lower from S$ 94, 010 in the last workout.
Motorcycle prices closed at S$ 9, 503, along from S$ 9, 990.
A full of 4, 166 proposals were received, with a limit of 2, 545 COEs accessible.