SINGAPORE: Certificate of Entitlement (COE) premiums closed higher in the latest bidding exercise on Wednesday (Sep 9).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at a new record high of S$133,009 (US$105,000) after rising by S$4,508 from S$128,501 in the last exercise.
Premiums for larger and more powerful cars in Category B rose to S$135,001 from S$131,001.
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It also encouraged visitors to use free shuttle bus services available on the 11 peak days, or public transport services to reach Choa Chu Kang…