Singapore car COE premiums inch up

CERTIFICATE of entitlement (COE) premiums for passenger cars inched up as demand from replacement buyers continues to remain strong, say dealers.

Category A - for cars below 1,600cc and 130 hp - rose S$505 to S$46,009, while Cat B - for cars above 1,600cc or 130 hp - increased S$498 to S$47,000.

Meanwhile, Cat E - the open category which currently tracks Cat B - climbed S$843 to S$47,510.

But the other two categories were lower, with Cat C - for commercial vehicles - falling S$2,289 to S$44,213, and Cat D - for motorcycles - slipping S$86 to S$6,503.

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