COE premiums up again for the second time in June

COE premiums up again for the second time in June

Despite the downturn, there is still demand in the market for new cars.  With a shrinking quota however...

OneShift Editorial Team
OneShift Editorial Team
18 Jun 2009

, for cars below 1,600cc, currently stands at $12,899, after gaining $1,209. It previously stood at $11,690.

The price of (for cars 1,600cc and above) increased to $14,840, an increase of $2,951 from $11,889.

COE for commercial vehicles, , posted the second largest gain with a $2,925 increase and ended at $12,615.

COE for motorcycles, , saw a marginal increase of $12 and is now valued at $901.

(open category) is currently at $15,100, after posting the third largest gain of $2,199. It currently stands at $12,901.

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Credits: Story and pictures by Jeremy Chua

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