Big-car COE premium rises; commercial vehicles' slumps

THE COE (Certificate of Entitlement) premium for big cars rose while that for motorcycles climbed to yet another record high in the latest bidding exercise. Commercial vehicles' COE premium slumped 17 per cent.

Category A - for cars below 1600cc or 130 hp - slipped S$148 to S$67,601 but Cat B - for cars above 1600cc and 130 hp - rose S$1,389 to S$78,001.

Cat E - the open category which currently tracks Cat B - was also higher, up S$1,500 to S$79,500.

Cat D - for motorcycles - increased S$489 to S$6,801 to set another record high for the second consecutive bidding exercise.

But Cat C - for goods vehicles and buses - slumped S$11,000 to S$53,001.