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flag Singapore's car permit prices surge, with smaller car permits topping $100,000 for the first time.

flag In Singapore's latest Certificate of Entitlement (COE) bidding, prices for vehicle permits rose significantly. flag Category A premiums, for smaller cars, surpassed $100,000 for the first time, increasing to $103,009. flag Category B premiums for larger cars climbed to $119,890, while Category E, for all vehicles except motorcycles, saw a rise to $118,889. flag Despite these increases, COE quotas for the next three months will rise by 6.4% to 18,232, aiming to stabilize future costs.

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