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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.<\/p>\n
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.<\/p>\n
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.<\/p>\n
This marks the third exercise this year in which Category A premiums were higher than Category B’s, the most recent of which happened in April.<\/p>\n
COEs for commercial vehicles, which include goods vehicles and buses, dropped 1.06 per cent to S$93,001 from S$94,000 in the previous bidding exercise.<\/p>\n
Motorcycle premiums closed at S$9,989, falling 0.11 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, held steady at S$129,002 from S$129,000.<\/p>\n
A total of 4,462 bids were received, with a quota of 3,219 COEs available.<\/p>\n<\/div>\n
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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…<\/p>\n","protected":false},"author":1,"featured_media":61465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/dam.mediacorp.sg\/image\/upload\/s--Hk1OikP9--\/c_crop,h_450,w_800,x_0,y_84\/c_fill,g_auto,h_676,w_1200\/f_auto,q_auto\/v1\/one-cms\/core\/2022-10-25t014150z_1_lynxmpei9o01e_rtroptp_3_singapore-dailylife.jpg?itok=nW0T-wLf","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[1949,1947,15226,4401,654],"class_list":["post-61464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-news-sg-global","tag-category","tag-coe","tag-overtakes","tag-premiums","tag-time","wpcat-2-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/61464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=61464"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/61464\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/61465"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=61464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=61464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}