COE Up 53% Woh! Ho Jinx Desperate for CASH!

[makapaaa]

<TABLE border=0 cellSpacing=0 cellPadding=0 width=560><TBODY><TR><TD vAlign=top width=550 colSpan=2>COE prices soar upwards <!-- TITLE : end--><!--
Premiums for the open category post a whopping 52 per cent increase. --></TD></TR><TR>

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</TD></TR><TR><TD class=content_subtitle align=left>Wed, Mar 24, 2010
AsiaOne </TD></TR></TBODY></TABLE></TD><TD width=400 align=right><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR><TD vAlign=top align=right> </TD><TD height=15>

</TD><TD vAlign=top align=right><FORM method=post name=emailToFriendForm action=emailToFriend.jsp><INPUT value=/vgn-ext-templating/asiaone/emailToFriend.jsp?vgnextoid=542107d5f4f87210VgnVCM100000430a0a0aRCRD&vgnextchannel=e51829dcee322110VgnVCM100000bd0a0a0aRCRD type=hidden name=emailToFriendPageURL> <INPUT value=http://www.asiaone.com/Motoring/News/Story/A1Story20100324-206523.html type=hidden name=emailToFriendStoryLink> </FORM><SCRIPT> function openEmailA1AdminWindow(emailToFriendForm) { var emailToFriendPageURL = emailToFriendForm.emailToFriendPageURL.value; emailToFriendForm.action = emailToFriendPageURL; emailToFriendForm.target="_blank"; emailToFriendForm.submit(); } </SCRIPT></TD></TR></TBODY></TABLE><TD></TD></TR></TBODY></TABLE></TD></TR><!-- Story Without Image / With eXtra Large Image End --><TR><TD class=bodytext_10pt colSpan=3><!-- CONTENT : start -->CERTIFICATE of entitlement (COE) prices for passenger cars continued their upward climb - and with greater ferocity - at the close of March's second bidding exercise on Wednesday.
Premiums for the open category - usually used for cars - rose a whopping 52.2 per cent to finish at $42,001. This is a marked jump from the month's first bidding exercise which only saw a 13.9 per cent hike.
For cars up to 1,600 cc, the COE prices soared by 36.4 per cent to $28,389 - a clear spike from the modest 2.3 per cent rise posted after March's earlier bidding.
<TABLE border=0 cellSpacing=2 cellPadding=2 width=300 align=right><TBODY><TR><TD><SCRIPT language=JavaScript src="/static/ads/scripts/adsimu.js"></SCRIPT><SCRIPT type=text/javascript src="http://adtag.asiaone.com/tag/a1motoring/js/asiaone_motoring_imu.js"></SCRIPT><SCRIPT type=text/javascript src="http://ad.doubleclick.net/adj/AsiaOneMotoring/;pos=1;adtype=1;adtype=2;adtype=3;adtype=4;adtype=5;tile=5;sz=300x250;ord=4731505133058317?"></SCRIPT></TD></TR></TBODY></TABLE>In category B - cars above 1,600cc - premiums ended off at $36,089, a 36.7 per cent increase compared to a 10.5 per cent rise earlier.
The commercial vehicle COE prices, category C, showed no signs of letting up either, climbing 21.8 per cent to $32,890.
The sharp climbs in COE prices are seen by many as a reaction to an impending cut in COE quota size next month.

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