COE prices close mostly higher in latest bidding exercise

COE prices close mostly higher in latest bidding exercise

In the most recent bidding exercise on Wednesday ( Mar 20 ), Certificate of Entitlement ( COE ) premiums closed largely higher.

For Category A cars, or those 1, 600cc and below with horsepower not exceeding 130bhp, premiums closed at S$ 85, 489 ( US$ 63, 630 ), up from S$ 83, 000 in the last exercise.

The premiums for larger, more potent vehicles in Category B increased by one dollar to S$ 96 011 ($ 96 ).

COEs for corporate cars, which include items vehicles and cars, fell to S$ 70, 112 from S$ 75, 599 in the previous selling practice.

Motorcycle rates closed at S$ 9, 689, away from S$ 9, 400 in the last workout.

Open class COEs, which can be used for any car kind but end up being used primarily for huge cars, rose to S$ 95, 856 from S$ 95, 010.

A full of 4, 186 proposals were received, with a limit of 2, 472 COEs accessible.