In the latest bidding exercise on 20 June 2018, Certificate of Entitlement (COE) premiums closed lower across all categories except Category C, just like two weeks ago.
Closing about $2,300 lower, Category A premiums closed at $34,110. Cars in this category are 1600cc and below, with engine power not exceeding 97kW.
Category B premiums, which are meant for cars above 1600cc or engine power exceeding 97kW, closed at $33,900, $2,100 lower than the previous bidding.
Premiums in Category E fell the most this time, closing at $34,400 from $37,000. This is the open category, meant for any kind of vehicles beside motorcycles.
Declining from $7,001 to $6,889, Category D premiums for motorcycles saw the smallest drop.
The only category of COEs that went up was Category C, increasing about $3,000. Premiums in this category meant for goods vehicles and buses closed at $32,001 from $29,902.
This time round, 4,178 COEs were available in total, with 5,734 bids received.