COE premiums end mostly higher

COE prices in categories B and E have dipped below S$90,000 after several months of record-high premiums. (Yahoo! file photo)

Certificate of Entitlement (COE) premiums ended mostly higher in the bidding exercise on Wednesday compared to the levels in the previous round two weeks before.

The COE prices for cars above 1,600cc or 130bhp, classified under Category B, rose to S$74,389 from S$72,890.

Those for cars in the Open category, which can be for any vehicle but is usually used for large cars, increased to S$76,904 from S$73,900.

COE premiums for motorcylces inched up to S$4,210 from S$4,189.

Premiums for for Category A cars, those up to 1600cc and 130bhp, closed lower at S$67,089 from S$67,889.

Commercial vehicle COE prices end at $60,001, down from $65,001.