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COE premiums rise across the board

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Certificate of entitlement (COE) premiums rose across the board on Wednesday, reflecting the recent surge in demand for new cars.

CERTIFICATE of entitlement (COE) premiums rose across the board on Wednesday, reflecting the recent surge in demand for new cars.

Category A - for cars below 1,600cc and 130 hp - jumped S$3,290 to S$64,700, while Cat B - for cars above 1,600cc - spiked up S$3,221 to S$71,889.

Cat E - the open category which currently tracks Cat B - rose S$1,600 to S$72,100.

Cat C - for goods vehicles - also appreciated significantly, climbing S$3,498 to S$59,999. As for Cat D - for motorcycles - it was up S$109 at S$5,610.

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