March's 2nd Bidding Results: COE prices rose across the board for cars - will this be the start of a never ending increase in COE prices?

SINGAPORE: Certificate of Entitlement (COE) premiums for March's 2nd bidding was released at the latest tender exercise on Wednesday (20 Mar).
Premiums for Cat A rose by $2,489 from $83,000 to $85,489 for smaller cars below 1600cc.
Cat B rose by $1 from $96,010. to $96,011.