SINGAPORE — Certificate of Entitlement (COE) prices closed mostly lower at the end of the latest bidding exercise on Wednesday (Feb 21), with the exception of those for buses and goods vehicles, which rose by 1.39 per cent in the current bidding round.

Premiums for small cars (up to 1,600cc & 97kW) or fully electric cars with output of up to 110kW went down by 2.78 per cent to S$76,801.

For large cars (above 1,600cc or 97kW) or fully electric cars with output over 110kW, premiums fell from S$102,338 in the previous bidding exercise to S$97,000.

Premiums for buses and goods vehicles went up from S$72,001 previously to S$73,001.

In the motorcycle category, premiums dropped to S$8,911, compared to S$9,290 in the last bidding exercise. 

And in the Open category, which can be used for any type of vehicles except motorcycles, premiums went down by 6.09 per cent to S$94,006.

A total of 4,277 bids were received, with a quota of 2,491 COEs available.

The COE quota for the February to April quarter was slightly increased by 2 per cent from the previous quarter, bringing the total supply of COEs to 14,707. 

NUMBERS AT A GLANCE:

• Cat A (Cars up to 1,600cc & 97kW or fully electric cars with output of up to 110kW): S$76,801 (down from S$79,000)
• Cat B (Cars above 1,600cc or 97kW or fully electric cars with output over 110kW): S$97,000 (down from S$102,338)
• Cat C (Goods vehicles and buses): S$73,001 (up from S$72,001)
• Cat D (Motorcycles): S$8,911 (down from S$9,290)
• Cat E (Open category): S$94,006 (down from S$100,101)