COE prices extend steep uptrend in April

Submitted By:  Sandra Sendingan Case Study:  No Premiums for open category COEs rose to a one-year high at $52,410. Certificate of entitlement (COE) premiums closed mostly higher in the latest bidding exercise in April, extending an upward trend. Premiums for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, rose to $33,199 from $29,159 in the last exercise. Premiums for Category B cars also hit $48,000 from $43,102. read more