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COE for 1,600cc cars hit new high

Published on Nov 7, 2012 4:24 PM
 
COE prices ended higher across the board at the latest tender on Wednesday. -- ST PHOTO: CHEW SENG KIM

CERTIFICATES of entitlement (COE) prices ended higher across the board at the latest tender on Wednesday.

COE for cars up to 1,600cc closed at an all-time high of $77,201, up from $71,001 in the previous tender three weeks ago. COE for cars above 1,600cc shot up from $85,801 to $92,400.

Open COE, which can be used for any vehicle type but ends up mainly for bigger cars, likewise rose from $87,000 to $92,100.

Commercial vehicle premium finished at $59,111, up from $57,889. And motorcycle COE hit $1,959, up from $1,920.

 
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