Certificate of entitlement (COE) premiums rebounded across the board at the latest tender on Wednesday on the back of a smaller quota.
The COE price for cars up to 1,600cc and 130bhp ended at $33,000, up from $32,699 two weeks ago, while that for cars above 1,600cc or 130bhp finished at $37,102, up from $35,001.
The price of the Open COE, which can be used for any vehicle type except motorcycles but which end up mostly for bigger cars, closed at $36,502, up from $35,001.
The commercial vehicle COE premium ended at $24,100, up from $23,888. Motorcycle premium finished at $7,701, up from $6,510.
Industry watchers attribute the all-round increase mainly to a 29 per cent shrinkage in COE supply for the August-October period.
LATEST COE RESULTS:
| Category | Current COE premium ($) | Previous COE premium ($) |
| A – Car (1,600cc & below) | 33,000 | 32,699 |
| B – Car (above 1,600cc) | 37,102 | 35,001 |
| C – Goods vehicle & bus | 24,100 | 23,888 |
| D – Motorcycle | 7,701 | 6,510 |
| E – Open | 36,502 | 35,001 |