Categorized | COE results

Latest COE premiums end higher

CERTIFICATE of Entitlement (COE) premiums have gone up across the board in the latest tender exercise on Wednesday.

The COE premium for cars above 1,600cc (Category B) ended at $63,000 – a rise of $6,700 (from $56,300), or 11.9 per cent.

For the Open category COEs – which can be used for any vehicle type but which typically end up being used mainly for bigger cars, the premium registered a 9 per cent rise to $62,000 (from $56,889).

Premiums for the popular cars of up to 1,600cc (Category A), rose to $53,390 from $46,989, or by 13.6 per cent.

Motorcycle premiums have also risen, landing at $2,491 from $2,013.

Commercial vehicle COE premiums ended higher at $29,006, from $22,989.

Adapted from The Straits Times

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