SINGAPORE: Certificate of entitlement (COE) premiums went on a relentless upward march for much of 2022, with all-time highs set in four out of five categories – larger and more powerful cars, commercial vehicles, motorcycles and the open category.
Premiums for the remaining COE category – for cars with less power – ended S$1,511 (RM4,956), or 1.6%, shy of the S$92,100 (RM302,088) record set in January 2013 at the second-last tender exercise of 2022.
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