Singapore
Premiums for commercial vehicles closed at S$26,501, down from S$45,906 in the last exercise two weeks ago.
SINGAPORE: Certificate of Entitlement (COE) premiums for vans, trucks and buses fell S$19,405 in the latest bidding exercise on Wednesday (Apr 26), on the back of a 600 per cent rise in quota for Category C vehicles.
Premiums for commercial vehicles closed at S$26,501, down from S$45,906 in the last exercise two weeks ago.
Earlier this month, the Land Transport Authority announced a
The price of motorcycle COEs too, dipped further after last month’s record high – premiums closed at S$6,712, lower than the S$7,589 in the last exercise.
COE prices for cars went down as well. Category A premiums – for cars up to 1,600cc and 130bhp – closed at S$51,600, down from S$52,000 in the previous bidding exercise.
Premiums for larger and more powerful cars in Category B saw an increase, closing at S$54,406, up S$1 from a fortnight ago.
Open category COEs, which can be used for any vehicle type but are mainly used for big cars, closed at S$54,616, up from S$54,556.
A total of 6,175 bids were received in this round of bidding, with a quota of 4,413 COEs available.
