SINGAPORE: The Certificate of Entitlement (COE) premium for Category A cars closed at a record high in the latest bidding exercise on Wednesday (Nov 4).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, the premium closed at S$139,001 (US$108,686), up 5.3 per cent from S$132,004 in the last exercise.
The premium for larger and more powerful cars in Category B rose 0.3 per cent to S$132,334 from S$131,901.
COEs for commercial vehicles, which include goods vehicles and buses, remained the same at S$92,000 as in the previous bidding exercise.
The premium for motorcycles closed at S$10,689, down 0.8 per cent from S$10,778 in the last exercise.
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