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COE prices close mostly higher in first bidding exercise of 2019

SINGAPORE — Certificate of Entitlement (COE) prices closed mostly higher at the end of the latest bidding exercise on Wednesday (Jan 9).

COE prices close mostly higher in first bidding exercise of 2019
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SINGAPORE — Certificate of Entitlement (COE) prices closed mostly higher at the end of the latest bidding exercise on Wednesday (Jan 9).

Premiums for small cars (up to 1600cc & 97kW) went up by 1.64 per cent to S$25,920.

Large cars (above 1600cc or 97kW) saw premiums go up from S$31,001 in the previous bidding exercise to S$32,200 in the latest.

In the goods vehicles and buses category, prices stayed more or less the same at around S$27,000.

For motorcycles, premiums went down to S$3,610, compared with S$3,789 in the previous bidding exercise.

Finally, in the open category, which can be used for any type of vehicles, premiums went up by 3.46 per cent to S$32,909.

NUMBERS AT A GLANCE:

Cat A (Cars up to 1600cc & 97kW): S$25,920 (up from S$25,501)

Cat B (Cars above 1600cc or 97kW): S$32,200 (up from S$31,001)

Cat C (Goods vehicles and buses): S$27,002 (up from S$27,001)

Cat D (Motorcycles): S$3,610 (down from S$3,789)

Cat E (Open category): S$32,909 (up from S$31,809)

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