SINGAPORE - Certificate of entitlement prices rose across the board, setting records in the big car and Open categories in the latest tender exercise that closed on Thursday.
The COE premium for cars with engines larger than 1,600cc or more power than 130bhp, as well as electric vehicles with a power output of more than 110 kilowatts, ended at $126,889 – nearly 4.9 per cent above theThe premium for the Open category – which can be used for any vehicle type except motorcycles, but ends up mostly for bigger cars – also reached a new high. The latest premium of $126,201 was 3.
The commercial vehicle COE premium finished at $82,100, inching up by 0.12 per cent from $82,001 at the previous exercise. The COE premium for motorcycles climbed 9.52 per cent to $11,501, from $10,501 posted three weeks ago.