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Big-car COE premium jumps 22%
AS expected, the premium for a big-car Certificate of Entitlement (COE) shot back up on Wednesday, the second bidding exercise in February, after its surprise fall two weeks ago.
Category B - for cars above 1,600cc or 130 hp - spiked S$8,360 or 22 per cent to S$46,970. It had shed S$11,479 in February's first bidding exercise.
Cat E - the open category which currently tracks Cat B - was S$1,008 higher at S$45,009.
But Cat A - for cars below 1,600cc and 130 hp - slipped S$3,651 to S$43,000.
Cat C - for goods vehicles - was S$35 lower at S$45,001, while Cat D - for motorcycles - was down S$150 to S$6,353.