The increase is driven by another rise in the Category B quota - up 6.2 per cent - but the Category A quota will go down again.

Category B premiums fell 0.76 per cent to S$129,890 from S$130,889, while COEs for commercial vehicles also fell.

The increase is driven by another rise in the Category B quota - up 6.2 per cent - but the Category A quota will go down again.