COE premiums hit new highs in three categories, including larger cars and motorcycles

1 year ago
1.45K

Certificate of Entitlement premiums have hit record highs in the first bidding exercise under the new quota period, which sees 13.7% fewer COEs available. The latest tender saw surges in all categories, with highest-ever premiums in three categories. COE premiums for large, powerful cars are now over $115,000, cruising past the $113,000 mark set in September. Motorcycle premiums jumped to $13,189. Open category premiums climbed by over $8,000 to around $116,577.

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