COE Price News Today, Nov 19: Category B Premiums Surge 13%

The Certificate of Entitlement (COE) price increase in Singapore has made waves, especially with Category B premiums soaring 12.9% to S$129,890. This shift highlights the ongoing demand dynamics for larger vehicles. In this tightly regulated market, such a premium surge is noteworthy, affecting buyers and car dealers alike. As the Land Transport Authority (LTA) suggests caution, understanding these changes is crucial for future bidders.