COE premiums continue to surge in latest bidding exercise

Cat A premiums rose to $55,200.

Certificate of Entitlement (COE) premiums continued to rise in the second bidding exercise for June.

The premium for Category A cars rose to $55,200 from $53,694 in the previous exercise. Meanwhile, the premium for Category B cars rose to $57,010 from $56,000 in the preceding exercise.

The premium for Category E, or the open category, rose by $2,290 to $57,390.

Premiums of goods vehicles rose to $48,002. Premiums for motorcycles stayed fairly flat at $6,303.
 

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