Local News: COE prices up slightly
COE prices have risen across all categories after February's second bidding exercise that ended today.
OneShift Editorial Team
24 Feb 2010
Small car COEs (Cat A) saw a slight increase to $20,340, a rise of just under 2 percent.
Cat B COE premiums for cars above 1600cc saw a bigger increase than Cat A - it closed at $23,899.Open cat COEs saw a corresponding rise to $24,229.
Industry sources expect COE prices to continue to rise even further thanks to anticipated reduction in quota in the coming year ahead.
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