COE prices of small cars hit a new record high
Certificate of Entitlement (COE) prices for small cars hit a record-high of S$81,889 in the bidding on Wednesday.
The amount was 4.3 per cent or S$3,366 more than the level set in the previous tender two weeks before.
The premium for big cars rose 3.7 per cent or S$3,301 to S$93,501.
Motorcyle premium increased by S$89 to S$1,701.
COE price for commercial vehicles declined by S$834 to S$62,201.
Vehicles in the open category saw COE prices close at S$95,990 or S$1,010 less than the previous level.