Certificate of Entitlement (COE) premiums closed lower in all categories in the latest bidding exercise on Wednesday (20 April).
The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at $68,699, a decrease of S$4,297.
Premiums for large cars in Category B (above 1,600cc or 97kW) ended lower at S$90,002, a decrease of S$8,387 from the previous tender.
COEs for commercial vehicles, including goods vehicles and buses, decreased by S$2,899 to S$52,002.
In the motorcycle category, premiums went down by S$702, to S$9,801.
In the open category (Category E), which can be used for any type of vehicles but often end up being used for big cars, premiums decreased by S$4,198, to S$95,801.