COE September 2024 2nd bidding results are out! Yet another wave of increase in COE prices. When will this stop?

SINGAPORE: Certificate of Entitlement (COE) premiums for September's 2nd bidding was released at the latest tender exercise last week on Wednesday (18 Sept).
Premiums for Cat A rose by $2,034 from $96,490 to $98,524 for smaller cars below 1600cc.
Cat B had also increased significantly by $3,701 from $106,300 to $110,001. Cat B has remained in the 6-digit figure range consecutively since the 1st bidding in April 2024.