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COE premiums for smaller cars increase further to new six-year high
The latest tender saw the premium for cars up to 1,600cc and 130bhp rising 3.1 per cent over the premium of S$57,010 on Dec 8 - the highest price in that category since November 2015 when it was S$59,200.
Premiums for motorcycles also climbed further from S$9,401 to S$9,601, a 2.1 per cent increase. This is the second highest COE price to date, second only to the S$9,689 logged after the Sep 8 bid.
