Higher COE premiums yesterday resulted in 70% successful bids
Category B car prices rose by $1500.
Compared to levels in the previous bidding, Certificate of Entitlement (COE) premiums ended mostly higher yesterday.
According to the LTA, COE prices for cars above 1,600cc or 130bhp, classified under Category B, rose to S$74,389 from S$72,890.
Meanwhile, cars in the Open category increased to S$76,904 from S$73,900, as premiums for motorcylces marginally increased from S$4,189 to S$4,210.