COE premiums rise across the board

Nurul Azliah Aripin
Nurul Azliah Aripin
The latest open bidding exercise for the Certificate of Entitlement (COE) ended with mix results on Wednesday.  (Getty Images)

Certificate of Entitlement (COE) premiums increased by less than 10 per cent across all categories except motorcycles in the latest bidding Wednesday.

According to the latest results, the premium for small cars (1,600cc and below) rose to S$77,201 from S$71,564 recorded in the previous bidding on 5 February.

For big cars (1,601cc and above), the premium went up to S$78,604 from S$75,300.
The COE for goods vehicles and buses increased to S$52,890 from S$51,002.
The premium for vehicles in the open category rose to S$79,000 from S$77,003.

Meanwhile, the premium for motorcycles increased by 15 per cent to S$3,501 from S$3,051.