COE premiums for large car and Open categories hit record highs for 6th straight exercise

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COE premiums for large car and Open categories hit record highs for 6th straight exercise
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SINGAPORE — Certificate of Entitlement (COE) prices for large cars hit a record high for the sixth straight time after crossing the S$150,000 mark at the end of the latest bidding exercise on Wednesday (Oct 18).

COE premiums for those in the open category also hit fresh record highs for the sixth straight exercise.

Large cars or fully electric cars with output over 110kW saw premiums jump from the previous high of S$146,002 to S$150,001.Premiums for small cars or fully electric cars with output of up to 110kW also hit new highs, with prices rising 1.92 per cent from S$104,000 to S$106,000. The previous high of S$105,000 was set two exercises ago in September.

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