July 2019 COE Results: Premiums End Mostly Lower in Latest Exercise

Certificate of Entitlement (COE) prices end mostly lower in the first bidding of July. In this latest exercise, Cat A closed at $28,589, Cat B at $34,000, and Cat E at $36,901.

Cat A (Cars up to 1600CC & 97KW) received 1,795 bids, and went up by $1,590, going from $26,999 in the previous exercise to end at $28,589.

For Cat B (Cars above 1600CC or 97KW), it received 1,390 bids and ended at $34,000, $1,906 lower than the previous result of $35,906.

Cat C (Goods Vehicle & Bus) saw a dip of $412, going from $25,501 in the previous exercise to $25,089.

Having gone up by $81, Cat D (Motorcycles) went to $3,081 from $3,000 previously.

Finally, Cat E (Open category) received 523 bids and dropped by $2,499, going from $39,400 previously to finish at $36,901.

Here’s a summary of the 1st bidding exercise for July 2019.

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Read more: June 2019 COE Results 2nd Bidding: Premiums End Lower in Latest COE Bidding Exercise

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