SINGAPORE: Certificate of Entitlement premiums closed lower in the latest bidding exercise on Thursday .
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$27,000, down from S$36,704 in the last exercise.Premiums for larger and more powerful cars in Category B fell to S$42,564 from S$48,010. COEs for commercial vehicles, which include goods vehicles and buses, fell to S$27,400 from S$28,559 in the previous bidding exercise.Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, fell to S$47,000 from S$52,502.Source: CNA/zl
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