Car COE premiums rise in Singapore

CERTIFICATE of entitlement (COE) premiums for passenger cars rose in the first round of bidding in August, while those for commercial vehicles and motorcycles remained flat.

Category A - for cars below 1,600 cc or 130 hp - was S$S$2,776 higher at S$46,778, while Cat B - for cars above 1,600 cc and 130 hp - climbed S$3,710 to S$53,711.

Cat E - the open category which currently tracks Cat B - was up S$2,650 to S$52,751.

Meanwhile, Cat C - for goods vehicles - were down S$8 to S$42,801 and Cat D - for motorcycles - were S$150 lower at S$5,701.