Synopsis: This is a special episode of The Straits Times' video series The Big Story, hosted by Hairianto Diman and Olivia Quay. COE premiums rose across all categories on Wednesday (June 22). For big cars with engines bigger than 1,600cc or 130bhp, prices went up by 5.3 per cent to $106,001. In the Open category, which tends to be used to register larger cars, prices went up by 3.7 per cent to $104,400. Senior transport correspondent Lee Nian Tjoe explains why premiums climbed past $100,000 for the second tender in a row. Produced by: ST Video team Edited by: ST Video team and Penelope Lee Discover The Straits Times Videos: https://str.sg/JPrc Follow The Big Story Podcast episodes: Channel: https://str.sg/wuZe Apple Podcasts: https://str.sg/wu3m Spotify: https://str.sg/wuJr Google Podcasts: https://str.sg/wE8o SPH Awedio app: https://www.awedio.sg/ Websites: http://str.sg/stpodcasts Feedback to: podcast@sph.com.sg Follow Hairianto Diman on Instagram: https://str.sg/wub6 Follow Olivia Quay on Instagram: https://str.sg/wubB --- Discover ST's special edition podcasts: Singapore's War On Covid: https://str.sg/wuJa The Unsolved Mysteries of South-east Asia: https://str.sg/wuZ2 Stop Scams: https://str.sg/wuZB Invisible Asia: https://str.sg/wuZn --- Discover more ST podcast series: Asian Insider: https://str.sg/JWa7 Green Pulse: https://str.sg/JWaf Health Check: https://str.sg/JWaN In Your Opinion: https://str.sg/w7Qt Your Money & Career: https://str.sg/wB2m SG Extra: https://str.sg/wukR #PopVultures: https://str.sg/JWad ST Sports Talk: https://str.sg/JWRE Bookmark This!: https://str.sg/JWas Lunch With Sumiko: https://str.sg/J6hQ Discover BT Podcasts: https://bt.sg/pcPL Follow our shows then, if you like short, practical podcasts! #thebigstory See omnystudio.com/listener for privacy information.