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Wednesday, Nov 07, 2012
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8.7% hike for small car COEs

SINGAPORE - Prices for Certificates of Entitlement (COE) saw yet another surge in the latest bidding exercise that ended at 4pm today.

Small cars below 1,600cc saw the biggest hike of 8.7 per cent. Prices ended at $77,201, up from $71,001 previously.

Premiums for big cars jumped by about 7.7 per cent, from $85,801 in Oct to $92,400 in the current bidding.

COEs for commercial vehicles climbed up slightly to $59,111 from $57,889, while the increase for motorcyles was marginal.

In the Open category, which is usually used for cars and is transferable, premiums ended at $92,100, up 5.9 per cent from $87,000.

Nov 2012 - First bidding
Category Nov 7 prices Oct 17 prices
Cars (1,600CC below) $77,201 $71,001
Cars (above 1,600CC) $92,400 $85,801
Commercial vehicles $59,111 $57,889
Motorcycles $1,959 $1,920
Open category $92,100 $87,000

 

 

 

 

 

 
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