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21 August COE Bidding Exercise: Premiums Drop Across All Categories

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21 August 2019 COE Premium

The latest bidding exercise on 21 August 2019, Wednesday resulted to a drop on premiums across all categories.

For Cat A (up to 1,600cc & 97kW) the premium went down by 2.47% or $808, from $32,725 to $31,917. As for Cat B (above 1,600cc or 97kW), there was a $1,399 drop, from $40,001 to $38,602.

Meanwhile, goods vehicles and buses (Cat C) saw COE prices go down by 4.67%, from $27,800 to $26,501. For Motorcycle (Cat D) premium, it went slightly down to $4,301 (2.25%) as compared to $4,400 in the previous bidding ​​exercise.

Finally, for the Open Category (Cat E), the premium also had a small drop by 1.26% or $510, from $40,512 to $40,002.

AT A GLANCE:

Cat A (Cars up to 1,600cc & 97kW)
Decrease: $808 (2.47%)
$31,917, from $32,725

Cat B (Cars above 1,600cc or 97kW)
Decrease: $1,399 (3.50%)
$38,602, from $40,001

Cat C (Goods vehicles and buses)
Decrease: $1,299 (4.67%)
$26,501, from $27,800

Cat D (Motorcycles):
Decrease: $99 (2.25%)
$4,301, from $4,400

Cat E (Open category):
Decrease: $510 (1.26%)
$40,002, from $40,512

COE Open Bidding Results for the Past 6 Months

2019 COE Bidding 6 Months Graph - August 21 2019 COE Bidding