Updated: 05/22/2014 01:08

COE Premiums up again



COE Premiums up again

Certificate of Entitlement or COE premiums saw a rebound today, closing mostly higher with the exception of big cars. 

The premiums for small cars rose for the first time since March to S$65,689 from S$60,002 in the last bidding exercise. 

For big cars, premiums fell 2.7 per cent to $68,103 from S$70,002. 

It's the first time big car premiums fell below $70,000 since last May. 

Premiums for goods vehicles and buses rose 12.6 per cent to $40,889, from S$36,301. 

Motorcycle premiums remained steady at $4,003. 

As for the Open category, where COEs can be used for any vehicle type but end up being used mainly for cars, premiums closed at S$67,290, a 2.7 per cent rise from S$65,501 in the previous bidding exercise.

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