COE premiums mostly up in latest bidding exercise, except for Category B
SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly better in the most up-to-date bidding exercise on Wednesday (Mar 6).
For Category A cars, or those 1,600cc and below with horsepower no longer exceeding 130bhp, premiums closed at S$83,000, up from S$76,801 in the closing exercise.
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Premiums for bigger and further great cars in Category B fell to S$96,010 from S$97,000.
COEs for industrial autos, which consist of products autos and buses, rose to S$75,599 from S$73,001 in the outdated bidding exercise.
Bike premiums closed at S$9,400, up from S$8,911.
Open class COEs, that could even be historical for any automobile form but halt up being historical basically for colossal cars, rose to S$95,010 from closing month’s S$94,006 – the first time it fell below S$100,000 since Would possibly perchance per chance per chance 2022.
A total of 4,170 bids had been obtained, with a quota of 2,550 COEs readily in the market.
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Source: Reuters
