Certificate of entitlement (COE) premiums ended higher in all but one category at Wednesday's bidding exercise. The commercial vehicle category was the only one to see a drop in premium prices.
Premiums for smaller cars- those up to 1,600cc - rose by 2 per cent to end at $78,602, while that of larger cars above 1,600cc crept up by 2.7 per cent to $82,900.
The motorcycle COE premium registered the largest increase, jumping by 7.1 per cent to end at $4,289. Meanwhile, the open category COE - which can be used for any vehicle but ends up mainly for larger cars - saw a 2.4 per cent rise to $84,001.
The COE price for commercial vehicles slid 4.3 per cent to $53,891. This is the fourth bidding exercise since the Land Transport Authority added a new criterion for Category A cars. Besides meeting the 1,600cc limit on engine capacity, cars in this category must also not produce more than 130bhp in power.