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Updated 04:46 PM Nov 21, 2012
SINGAPORE - Certificate of Entitlement (COE) premiums for vehicles mostly increased at the end of the latest bidding exercise today, with premiums for small cars and commercial vehicles hitting a new high.
COE premiums for small cars (1,600cc and below) closed 0.12 per cent higher at S$77,291, compared with S$77,201 in the previous bidding exercise, which had been the highest-ever then.
The COE premium for commercial vehicles increased 1.9 per cent to S$60,235.
Premiums for big cars,( 1,601cc and above) continued to inch up slightly by 0.65 per cent to S$93,004. It's previous high was S$94,502 in August.
In the Open category, where COEs can be used for any vehicle type but end up mainly for cars, the premium increased by 2.16 per cent to S$93,990.
The premium for two-wheelers decreased by 13.78 per cent to S$1,689 - the only category to register a significant fall.
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