Category B vehicles saw the biggest premium decline of $3,822 to $35,906.
Certificate of entitlement (COE) premiums closed lower in the latest bidding exercise, an announcement revealed.
Premiums for Category B vehicles, which are larger and more powerful, saw the largest dip of $3,822 from the last bidding exercise to $35,906. A total of 1,418 bids were reported.
Category A, or cars up to 1600cc and 130bhp, saw a decline of $3,010 with premiums closing at $26,999 from $30,009 earlier in June. That said, it received the highest amount of bids at 1,742.
COEs for commercial vehicles and buses under Category C saw a $1 drop in premiums, slipping to $25,501 in the last bidding exercise.
Motorcycle COEs closed at $3,000, down from $3,090 in the last exercise.
Meanwhile, prices for open category COEs which can be used for any vehicle type declined $2,602 to $39,400.
A total of 5,490 bids were received in the latest bidding exercise.
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