In the latest bidding exercise for Certificate of Entitlement (COE) premiums, Category A cars saw the biggest jump. With the premiums closing at $38,510, up from $37,000 in the last exercise.
Category B cars, which consists of cars that are larger and more powerful, fell by almost $300 to close at $37,330 from $37,605.
Open category premiums rose to S$38,389 from S$38,039. Even though the category can be used for any vehicle type, the premiums are usually used for large cars.
Motorcycle and Commercial Vehicles
Motorcycle premiums rose by $1, to $7,115.
While the premiums for commercial vehicles rose to $34,202 from $34,001.
There were 4,334 COEs available and a total of 6,161 bis were received.
Are you happy with the results for this exercise? Did you expect the prices to go up? Tell us what you think in the comments below!