Certificate of Entitlement (COE) prices increased across the board in the latest round of bidding, which closed on Wednesday (Sept 20) at 4pm.
Category A premiums – for cars up to 1600cc up and 130bhp – went up almost 20 percent to $42,902.
This comes just two weeks after prices plunged 16 percent to $36,001 during the last tender, the lowest they had been in almost seven years.
Commercial vehicles premiums also went up – about 9 percent – from $43,002 to $46,890.
Meanwhile, premiums for the open category, which can be used for all vehicles but often used for the purchase of bigger cars, increased marginally to $49,012, up from $48,005.
Premiums for motorcycles remained strong, increasing 1.8 percent to $5501.
For cars above 1600cc and 130bhp, premiums closed relatively flat at $49,189.
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