Fit to Post Autos
COE prices break S$90,000 mark
Certificate of entitlement (COE) prices just got higher.
The latest round of bidding on Wednesday saw the premium for cars above 1,600cc hitting $91,000, just a month after breaking the $80,000 barrier.
COE for cars up to 1,600cc are at $64,201, up from $58,501 from a fortnight ago.
The open COE, which can be used for any vehicle type but ends up mainly for cars, finished at $92,010, an increase of over $7,000 from two weeks back.
Commercial vehicle COE set another record at $57,589, up from $53,989 previously.
And the motorcycle premium rose from $1,896 to reach $1,924.