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Goods vehicle COE premium continues rising

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Passenger car certificate of entitlement (COE) premiums slipped even as the goods vehicle premium continued its steady ascent.

PASSENGER car certificate of entitlement (COE) premiums slipped even as the goods vehicle premium continued its steady ascent.

In the first bidding exercise in October, Category A - for cars below 1,600 cc and 130 hp - shed S$1,141 to S$41,761, while Cat B - for cars above 1,600 cc or 130 hp - was S$1,080 lower at S$48,109.

Cat E - the open category which currently tracks Cat B - inched S$12 down to S$49,000.

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Meanwhile, Cat C – for goods vehicles – jumped S$2,012 to S$48,902 but Cat D – for motorcycles – dipped S$491 to S$5,010. 

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