COE premiums for Category B hit new high as prices close mixed

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COE premiums for Category B hit new high as prices close mixed
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SINGAPORE: Certificate of Entitlement (COE) premiums for Category B hit a new high in the latest bidding exercise on Wednesday (Jun 21). Prices for the category, which is for larger and more powerful cars, rose to S$121,000 (US$90,030) from S$120,702, surpassing the previous record of S$120,889

SINGAPORE: Certificate of Entitlement premiums for Category B hit a new high in the latest bidding exercise on Wednesday .

Prices for the category, which is for larger and more powerful cars, rose to S$121,000 from S$120,702, surpassing the previous record of S$120,889 set on Apr 19.Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose to S$123,000 from S$120,889. COEs for commercial vehicles, which include goods vehicles and buses, rose to S$83,140 from S$81,801 in the previous bidding exercise.A total of 2,659 bids were received, with a quota of 1,807 COEs available.

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