COE premiums rise across the board, Latest Others News - The New Paper

COE premiums rise across the board

This article is more than 12 months old

Certificate of Entitlement (COE) premiums rose across all categories yesterday, with those for motorcycles leading the way.

The premium for two-wheelers closed at $3,501 - 14.75 per cent higher than in February's first bidding exercise.

The COE for cars up to 1,600cc and 97KW closed at $77,201 - a 7.88 per cent increase from $71,564 two weeks ago. Those for cars above 1,600cc or 97KW rose 4.39 per cent to $78,604.

In the Open category, the premium rose 2.59 per cent to $79,000, from $77,003.

Commercial vehicle COEs closed at $52,890 - up 3.7 per cent from $51,002 previously.