08 Feb '12, 8am

COE prices rise sharply

SINGAPORE: Premiums for Certificates of Entitlement (COEs) closed higher across the board on Wednesday with COE prices for commercial vehicles hitting an all-time high. COE premiums for commercial vehicles surged by 13 per cent to S$49,801. Small cars' COE went up almost 10 per cent to S$52,809. Premiums for big cars rose to S$73,890, up by nine per cent. The biggest increase was for motorcycles, which jumped 16 per cent to S$1,802. Premiums for the Open category was up some 10 per cent to S$73,801.

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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