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COE premiums rise across the board
CERTIFICATE of entitlement (COE) premiums rose across the board on Wednesday, reflecting the recent surge in demand for new cars.
Category A - for cars below 1,600cc and 130 hp - jumped S$3,290 to S$64,700, while Cat B - for cars above 1,600cc - spiked up S$3,221 to S$71,889.
Cat E - the open category which currently tracks Cat B - rose S$1,600 to S$72,100.
Cat C - for goods vehicles - also appreciated significantly, climbing S$3,498 to S$59,999. As for Cat D - for motorcycles - it was up S$109 at S$5,610.