19 May '11, 9am
COE prices end higher. Cat A: $46,989. Cat B: $56,300. Open Cat: $56,889
The COE premium for cars above 1,600cc (Category B) ended at $56,300 - a rise of $289 (from $56,011), or 0.5 per cent. -- ST PHOTO: DESMOND LIM CERTIFICATE of Entitlement (COE) premiums ended marginally higher in the latest tender exercise on Wednesday. The COE premium for cars above 1,600cc (Category B) ended at $56,300 - a rise of $289 (from $56,011), or 0.5 per cent. For the Open category COEs - which can be used for any vehicle type but which typically end up being used mainly for bigger cars, the premium registered a 0.7 per cent rise to $56,889 (from $56,490). Premiums for the popular cars of up to 1,600cc (Category A), rose to $46,989 from $44,790, or by 4.9 per cent. Motorcycle premiums have fallen, landing at $2,013 from $2,253. Commercial vehicle COE premiums ended higher at $22,989, from $21,889.