Category A COE premium falls to S$126,000; Category B sees slight dip

SINGAPORE: Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Wednesday (Jul 22).For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$126,000 (US$97,600), down from the record of S$129,000 in the last exercise.Premiums for larger and more powerful cars in Category B fell to S$129,890 from S$130,889.COEs for commercial vehicles, which include goods vehicles and buses, fell to S$93,889 from S$95,000 in the previous bidding exercise.Motorcycle premiums closed at S$10,202, up from S$10,201 in the last exercise.Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose to S$129,971 from S$129,801.A total of 4,455 bids were received, with a quota of 3,242 COEs available.