Cat A, B COE premiums buck expectations
They rise S$350 and S$1,997 respectively in first bidding exercise of the year
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Singapore
PASSENGER car certificate of entitlement (COE) premiums rose in the first bidding exercise of 2017, surprising some distributors.
Category A - for cars up to 1,600cc and 130 hp - rose S$350 to S$50,101, while Cat B - for cars above 1,600cc or 130 hp - jumped S$1,997 to S$53,106. Cat E - the open category which currently tracks Cat B - surged S$2,612 to S$53,001.
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