SINGAPORE — With the exception of motorcycles, Certificate of Entitlement (COE) premiums rose for all categories today (March 4), with big and small car premiums rebounding after declining last month.

Premiums for small cars (up to 1,600cc and 97kW) closed at S$61,410, a 7.4 per cent rise from S$57,199 at the last bidding exercise. For big cars (above 1,600cc and 97kW), premiums rose 2.9 per cent to S$68,668 from S$66,751.

Commercial vehicle premiums rose for the third consecutive time to S$56,501, rising 6.2 per cent from S$53,202 in the previous bidding exercise. Premiums in the Open category – where COEs can be used for any vehicle type but end up being used mainly for cars – rose 3.8 per cent to S$70,500 from S$67,901.

Motorcycle premiums fell after rising for the past six consecutive bidding exercises, closing 5.2 per cent lower at S$5,501.