COE prices rise across all categories

COE prices for big cars posted the biggest jump in Wednesday's bidding. (Yahoo! photo)
COE prices for big cars posted the biggest jump in Wednesday's bidding. (Yahoo! photo)

Prices of certificates of entitlement (COEs) increased across all categories on Wednesday from the levels in the previous bidding exercise two weeks ago.

COE prices for big cars (above 1600cc) posted the biggest hike, going up by 7.2 per cent to $85,801 from $80,001 over the two-week period.

That of small cars (1600cc and below) went up by 2.9 per cent to $71,001 from $69,000.

Premiums for commercial vehicles, including buses, rose to $57,889 from $56,001.

COE prices for vehicles in the open category inched up to $87,000 from $86,889, while those for motorcycles ticked up to $1,920 from $1,912.