Singapore - COE prices rise sharply

SINGAPORE: Certificates of Entitlement (COE) prices closed sharply higher for vehicles in all categories in the latest bidding exercise which ended Wednesday.

The biggest increase was in the Open category which saw a climb of S$6,700 to S$73,801. 

The premium for the small cars category rose to S$52,809, up S$4,697.

Meanwhile, the COE price for big cars rose to S$73,890, an increase of S$6,001.

The COE price for commercial vehicles rose to S$49,801, a rise of S$5,800.

Premiums for motorcycles closed at S$1,802, an increase of S$250.

- CNA/wk


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