June 2019 COE Results 2nd Bidding: Premiums End Lower in Latest COE Bidding Exercise
Certificate of Entitlement (COE) prices end lower in the second bidding of June. In this latest exercise, Cat A ended at $26,999, Cat B at $35,906, and Cat E at $39,400.
Cat A (Cars up to 1600CC & 97KW) received 1,742 bids and ended at $26,999, decreasing $3,010 from $30,009 in the previous exercise.
For Cat B (Cars above 1600CC or 97KW), it received 1,418 bids and ended $3,822 lower than the previous result of $39,728 to finish at $35,906.
Cat C (Goods Vehicle & Bus) ended just a dollar lower to finish at $25,501.
Cat D (Motorcycles) went down by $90 to end at $3,000.
Finally, Cat E (Open category) received 536 bids and ended at $39,400, a decrease of $2,602 from the previous result of $42,002.
Here’s a summary of the 2nd bidding exercise for June 2019.
Category |
Current COE premium |
Previous COE premium |
Difference |
A – Car up to 1600CC & 97KW |
$26,999 |
$30,009 |
$3,010 (-10.0%) |
B – Car above 1600CC or 97KW |
$35,906 |
$39,728 |
$3,822 (-9.62%) |
C – Goods Vehicle & Bus |
$25,501 |
$25,502 |
$1 (-~0%) |
D – Motorcycle |
$3,000 |
$3,090 |
$90 (-2.91%) |
E – Open |
$39,400 |
$42,002 |
$2,602 (-6.19%) |
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Read more: June 2019 COE Results: Cat B and E Premiums Drop Further in Latest COE Bidding Exercise
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