COE prices for small cars up S$10,000 to new record high

New Year, new record high.

Certificate of entitlement (COEs) for cars up to 1,600cc shot up over S$10,000 in the latest bidding exercise results out on Wednesday.

The premium now is S$92,100, compared to the previous record high of S$81,889 in last month's bidding.

Prices of cars above the 1,600cc mark are also up nearly S$3,000 to S$96,201 while COE prices for the Open category are also up to S$96,101.

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