SINGAPORE: Certificate of Entitlement (COE) premiums for most categories hit new highs for 2024 in the latest bidding exercise on Wednesday (Oct 9).

For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$103,799 (US$79,600), up from the previous high of S$98,524 on Sep 18.

Premiums for larger and more powerful cars in Category B rose to S$116,002 from S$110,001 in the last exercise. The previous record for the year was S$112,000 on Jan 17.