COE prices rise across all categories
Certificate of Entitlement (COE) prices saw a rise across all categories in the latest bidding exercise yesterday.
The premium for cars in Category A - up to 1,600cc and 130bhp - rose to $35,320, an increase of $2,431 from the previous tender exercise.
The COE price for cars above 1,600cc or 130bhp in category B rose by $1,109 to close at $37,109.
The premium for goods vehicles and buses in Category C rose from $23,200 to stand at $24,402.
Motorcycle premiums in Category D went up to $3,989 from $3,658.
The premium for the Open category, which can be used for any type of vehicles except motorcycles, ended at $38,000, up from $37,989.
With the annual Singapore Motorshow starting today, The Straits Times said in a report that motor industry players expect the event at Suntec City to whip up buying interest.
- TATIANA MOHAMAD ROSLI
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