23 Feb '11, 10pm

COE prices up, Cat A & B see biggest increase (via ST iPhone App)

The COE premium for cars above 1,600cc ended at $62,000 - a rise of $8,600 or 16.1 per cent. -- ST PHOTO: MALCOLM MCLEOD CERTIFICATES of entitlement (COEs) have made a strong rebound after a post-festive lull two weeks ago. At the latest tender yesterday, premiums ended higher across the board. Three out of five categories had double-digit percentage gains. COEs for cars up to 1,600cc shot up by 15.8 per cent to close at $42,999 - one of their highest levels in the past 12 months. Those for cars above 1,600cc were 16.1 per cent higher at $62,000, also among the highest. Open COEs, which can be used for any vehicle type but end up mainly for cars, climbed 5.3 per cent higher to end at $62,001. Mr Chan Kee Min, senior manager at Cycle & Carriage Kia, attributed the strong rebound to healthy sales. 'A lot of people were distracted or away during Chinese New Year,' he noted. '...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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COE prices have risen across the board. Cat A i...

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COEs for categories C and E are valid upon receipt until May 31 2011 whilst COEs for categories A, B and D are valid until...