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Singapore's car permit prices surge, with smaller car permits topping $100,000 for the first time.
In Singapore's latest Certificate of Entitlement (COE) bidding, prices for vehicle permits rose significantly.
Category A premiums, for smaller cars, surpassed $100,000 for the first time, increasing to $103,009.
Category B premiums for larger cars climbed to $119,890, while Category E, for all vehicles except motorcycles, saw a rise to $118,889.
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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Los precios de los permisos de automóviles de Singapur se disparan, con permisos de automóviles más pequeños que superan los $ 100,000 por primera vez.