Small car COE premium rises

THE small car certificate of entitlement (COE) premium climbed as replacement buyers thronged the market, even as the big-car premium slipped.

In the first COE bidding exercise for the new and larger November-2014-to-January-2015 quota, Category A - for cars below 1,600cc or 130 hp - rose S$910 to S$64,900.

The Cat B premium, for cars above 1,600cc and 130 hp, fell S$1,112 to S$70,890. Cat E, the open category which currently tracks Cat B, shed S$901 to S$71,300.

But Cat C, for goods vehicles, continued rising; it jumped S$2,701 to S$63,701. Cat D, for motorcycles, was S$122 lower at S$4,290.

Analyse historical COE data with The Business Times' interactive tool at http://btd.sg/coetrack