Local News: Cat B COEs rise 7.3 percent
COE premiums rise across the board after the first bidding exercise of 2010 that ended yesterday.
OneShift Editorial Team
07 Jan 2010
Open cat COEs saw the biggest jump from $17,889 to $19,889, uu $2,000. Cat B COEs saw a rise of 7.3 percent to close at $19,190 while Cat A COEs saw just a slight increase of $352 to close at $18,502.
The rise in prices could well be due to buyers rushing in for their new rides for delivery before Chinese New Year.
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