SINGAPORE: Certificate of Entitlement (COE) premiums closed lower in the latest bidding exercise on Wednesday (Jun 17), with Category A premiums priced higher than Category B for the third time this year.
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$123,847, down 1.72 per cent from S$126,009 in the last exercise.
Category A premiums were priced higher than those for larger and more powerful cars in Category B, which fell to S$123,502 from S$126,989, marking a 2.75 per cent drop.
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