November 2021 COE Results 1st Bidding: Premiums Rise Even Further for Consecutive Exercises
In the 1st COE bidding exercise for November 2021, Cat A closed at $53,709, Cat B at $82,801, Cat C at $42,001, Cat D at $9,381, and Cat E at $88,000.
Cat A (Cars up to 1600CC & 97KW) received 834 bids and saw a $1,000 increase from the previous exercise. It closed at $53,709.
Cat B (Cars above 1600CC or 97KW) saw 839 bids and went up by $2,591. It closed at $82,801.
Cat C (Goods Vehicle & Bus) received 173 bids and went up by $1,500. It closed at $42,001.
Cat D (Motorcycles) had 543 bids in total and saw an increase of $71. It closed today at $9,381.
Lastly, Cat E (Open Category) received 257 bids and shot up by $3,000. It closed at $88,000.
Here’s a summary of the 1st bidding exercise for November 2021:
| Category |
Current COE | Previous COE |
Difference |
|---|---|---|---|
| A – Car up to 1600CC & 97KW |
$53,709 |
$52,709 |
+$1,000 |
| B – Car above 1600CC or 97KW |
$82,801 |
$80,210 |
+$2,591 |
| C – Goods Vehicle & Bus |
$42,001 |
$40,501 |
+$1,500 |
| D – Motorcycle |
$9,381 |
$9,310 |
+$71 |
| E – Open |
$88,000 |
$85,000 |
+$7,000 |
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Here are some other resources that might be of interest:
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COE Hike: Why It's A Good Time To Sell Your Current Car Now
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