COE premiums up across all categories in latest bidding exercise
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Nisha Ramchandani
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CERTIFICATE of entitlement (COE) premiums rose across the board in the latest round of bidding which ended on Friday.
The COE for small cars climbed from S$48,401 to S$49,430, while cars above 1600cc or 97kW increased from S$48,209 to S$50,621.
Meanwhile, the premium for goods vehicles and buses edged up from S$48,901 to S$49,810, while the premium for the open category rose from S$48,556 to S$51,000.
The COE for motorcycles was also higher at S$6,801, compared with S$6,412 previously, despite the introduction of a new tiered additional registration fee (ARF) for motorcycles. The tiered ARF was announced during Budget on Monday.
Analyse historical COE data with the Business Times interactive tool
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