19 Oct '11, 3pm

COE prices for big cars hit $75,889 #Singapore

Just days after the government announced a cut in the vehicle growth rate, Certificates of Entitlement (COE ) prices shot skyward on Wednesday. COE prices for cars above 1,600cc hit $75,889, a significantly large jump from the previous $63,600, while COE premiums for cars up to 1,600cc ended at $56,112, from $50,289 two weeks ago. COE prices for commercial vehicles also rose from $32,801 to $37,011. These are the highest prices yet this year. Open category COEs saw an $8,542 increase to S$73,600, while motorcycle premiums climbed $2,078 to end at $2,091. Last Friday, the government said the 1.5 per cent annual allowable growth rate in vehicle population would be cut to 0.5 per cent from August 2012. Chin Kee Min, senior manager of Kia Motors , told Channel NewsAsia that many people expected an increase in prices in the short term so they rushed in to buy cars. “So a lot of...

Full article: http://sg.news.yahoo.com/coe-prices-for-big-cars-hit--75-...

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COE for big cars rockets to near S$76000 - Channel News Asia

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SINGAPORE - Certificate of Entitlement (COE) premiums surged across the board in yesterday's latest round of bidding, days...

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todayonline.com 19 Oct '11, 9am

SINGAPORE - COE premiums have gone up sharply across the board in the latest open bidding exercise. It comes just days aft...

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