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Big car COE premium up, small car premium falls

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THE big car premium spiked up but the small car premium softened in Wednesday's bidding exercise for certificates of entitlement (COE) - the penultimate tender for 2014.

Category A - for cars below 1,600cc or 130hp - slipped S$800 to S$67,089 but Cat B - for cars above 1,600cc and 130hp - climbed S$1,499 to S$74,389.

Cat E - the open category which currently tracks Cat B - rose S$3,004 to S$76,904.

Cat D - for motorcycles - was S$21 higher at S$4,210, but Cat C - for goods vehicles - was S$5,000 lower at S$60,001.