COE prices close higher in latest bidding exercise

SINGAPORE: Certificate of Entitlement premiums closed higher across the board in the latest bidding exercise on Wednesday .

For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$43,501, up from S$40,609 in the last exercise.Premiums for larger and more powerful cars in Category B rose to S$50,100 from S$49,001. COEs for commercial vehicles, which include goods vehicles and buses, rose to S$40,999 from S$35,900 in the previous bidding exercise.Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose to S$51,900 from S$49,489.Source: CNA/ga

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