Declines were recorded for the second consecutive bidding.
Certificate of Entitlement (COE) premiums fell across the board during the close of the latest bidding exercise.
For Category A cars (up to 1600cc & 97kW), premiums fell to $30,209 from $31,997. Premiums for Category B cars (above 1600cc or 97kW), premiums fell to $32,001 from $32,429.
COEs for motorcycles closed at $4,390, down from $4,889 in the previous bidding exercise. Meanwhile, COEs for commercial vehicles, which include goods vehicles and buses, fell to $27,001 from $29,902.
Lastly, premiums for cars in the open category fell to $31,801 from $32,311.
There were a total of 7,278 bids received, with a quota of 4,738 COEs available.
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