SINGAPORE: Certificate of Entitlement premiums for Category B and Open Category are at their highest since 2013, as prices went up across the board in the latest bidding exercise on Wednesday .
Premiums for larger and more powerful cars in Category B rose the most, from S$86,102 to S$93,590 from - a jump of almost S$7,500. This was followed by the Open category, which can be used for any vehicle type but end up being used mainly for large cars, Prices went up by S$6,102, from S$87,000 to S$93,102.
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$63,000, up from S$60,761 in the last exercise. COEs for commercial vehicles, which include goods vehicles and buses, rose to S$46,501 from S$44,001 in the previous bidding exercise.A total of 2,830 bids were received, with a quota of 1,771 COEs available.