COE prices largely flat, big car premiums stay above S$100,000

In the most recent bidding exercise on Wednesday ( July 3 ), Certificate of Entitlement ( COE ) premiums closed mixed, which was a significant improvement over the previous exercise.

For Category A cars, or those 1, 600cc and below with horsepower not exceeding 130bhp, premiums closed at S$ 91, 001 ( US$ 67, 100 ), up from S$ 90, 889 in the last exercise.

Prices for larger and more powerful trucks in Category B fell to S$ 100, 901 from S$ 102, 334.

COEs for corporate cars, which include items vehicles and cars, rose to S$ 70, 001 from S$ 69, 900 in the previous selling practice.

Motorcycle rates closed at S$ 8, 900, along from S$ 9, 002 in the last workout.

Open class Submissions, which can be used for any car form but end up being used primarily for large vehicles, rose to S$ 100, 889 from S$ 100, 000.

A full of 3, 530 proposals were received, with a limit of 2, 545 COEs accessible.