19 Oct '11, 9am

COE prices rise sharply across the board; that of big cars jumps S$12K to S$75K

SINGAPORE - COE premiums have gone up sharply across the board in the latest open bidding exercise. It comes just days after the Transport Ministry said it would cut vehicle growth to just one per cent next year from the current 1.5 per cent. COEs for big cars jumped S$12,289 to S$75,889. This was followed by the S$8,542 increase in the open category COEs to S$73,600. COEs for small cars rose S$5,823 to S$56,112. COEs for goods vehicles and buses increased S$4,210 to S$37,011. Motorcycle COEs went up by S$13 to S$2,091. CHANNEL NEWSASIA

Full article: http://www.todayonline.com/Singapore/EDC111019-0000492/CO...

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