SINGAPORE: The Certificate of Entitlement (COE) premium for Category B crossed the S$150,000 (US$109,500) mark for the first time in the latest bidding exercise on Wednesday (Oct 18), as premiums hit new highs for all car categories.
Premiums for larger and more powerful cars in Category B are now at a record S$150,001, up from S$146,002 in the last tender.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, also rose to a record S$158,004 from S$152,000.