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More pain on the way after COEs cross S$100,000

Strong car demand has pushed up premiums, but consumers should be more wary of a tight supply

Leow Ju-Len

Leow Ju-Len

Published Wed, Jun 8, 2022 · 10:10 PM

THE Certificate Of Entitlement (COE) market crossed a painful psychological threshold this week, when the premiums for 2 categories jumped past S$100,000.

The Category B certificate (for combustion cars with engines of more than 130 horsepower or are above 1.6-litres in capacity, and electric cars with outputs of more than 110 kilowatts) rose S$4,795 in price to hit S$100,684.

Category E followed suit, rising S$4,796 to S$100,697 — an apt move since certificates from …

SEE ALSO

Passenger car COE premiums rise as Category A reaches new 2024 high of S$94,010

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