Premium rates for large cars increased by $1,000 to $32,302.
Certificate of entitlement (COE) premiums for small cars up jumped 10.34% to $28,199 in the November bidding exercise, an announcement revealed.
For large cars which are above 1,600 cc, premium rates increased by $1,000 to $32,302.
Open COE premiums meanwhile dipped 2.74% to $32,000 whilst motorcycle premiums slipped from $3,951 to $2,509.
Meanwhile, COE premiums for goods vehicles and buses stood still at $29,501.
The Land Transport Authority earlier announced that they will raise the quota for bidding exercises by 8.9% to 10,046 for November to January.
In the first November bid, a total of 6,313 bids were received.
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