COE prices for large cars jump 7.5% to record S$126,889 as premiums rise across all categories

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SINGAPORE — Certificate of Entitlement (COE) prices for large cars hit a fresh record high of S$126,889 as premiums rose across all categories at the end of the latest bidding exercise on Thursday (Aug 10).

SINGAPORE — Certificate of Entitlement prices for large cars hit a fresh record high of S$126,889, as premiums rose across all categories at the end of the latest bidding exercise on Thursday .

Prices for small cars , or fully electric cars with output of up to 110kW, increased by 4.51 per cent to S$99,499. Large cars , or fully electric cars with output over 110kW, saw premiums jump 7.5 per cent from S$118,001 in the previous bidding exercise. The previous high was S$120,889 on July 19.In the motorcycle category, premiums went up to S$11,501 from S$10,501 in the previous bidding exercise.

In the open category, which can be used for any type of vehicles except motorcycles, premiums went up by 3.35 per cent to S$126,201.Cat A : S$99,499

 

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COE prices hit new highs for big cars, Open category; premiums up across the boardThe premium for big cars stood at $126,889 – nearly 4.9 per cent above the previous high. Read more at straitstimes.com.
Source: straits_times - 🏆 5. / 69 Read more »