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SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly higher <\/strong>in the latest bidding exercise on Wednesday (Apr 22), with premiums of small cars exceeding those of larger cars for the second time this year.<\/p>\n For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$123,010<\/span>, up 4.25 per cent from S$118,000 in the last exercise.<\/p>\n Premiums for larger and more powerful cars in Category B were flat at S$121,001, compared with the <\/span>S$121,000 in the last exercise.<\/p>\n COEs for commercial vehicles, which include goods vehicles and buses, rose 4.37 per cent to S$83,501 <\/span>from S$80,001 in the previous bidding exercise.<\/p>\n Motorcycle premiums closed at S$9,290<\/span>, down 7.10 per cent from S$10,000 in the last exercise.<\/p>\n Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose 3.31 per cent to S$125,002 <\/span>from S$121,001.<\/p>\n A total of 5,276 bids were received, with a quota of 3,170 COEs available.<\/p>\n<\/div>\n