December 2020 COE Results: Cat A Drops While Everything Else Increases
In the 2nd COE bidding exercise for December 2020, Cat A closed at $40,556, Cat B at $49,300, Cat C at $35,201, Cat D at $7,689, and Cat E at $49,500.
Cat A (Cars up to 1600CC & 97KW) closed this exercise at $40,556. It received 1,403 bids and saw a $158 decrease in premiums.
Closing at $49,300 is Cat B (Cars above 1600CC or 97KW). It closed $4,288 higher than the previous exercise. It received 1,009 bids in total.
Cat C (Goods Vehicle & Bus) also saw an increase in premiums once again. It closed $2,312 higher with the final amount at $35,201.
Cat D (Motorcycles) closed at $7,689 with an increase of $19 from the last exercise. It received 710 bids in total.
Finally, for Cat E (Open Category), it saw another increase at $3,990. It closed at $49,500 and received 688 bids.
Here’s a summary of the 2nd bidding exercise for December 2020:
|
Category |
Current COE premium |
Previous COE premium |
Difference |
|
A – Car up to 1600CC & 97KW |
$40,556 |
$40,714 |
$158 (-0.38%) |
|
B – Car above 1600CC or 97KW |
$49,300 |
$45,012 |
$2,312 (+4.68%) |
|
C – Goods Vehicle & Bus |
$35,201 |
$32,889 |
$2,312 (+6.56%) |
|
D – Motorcycle |
$7,689 |
$7,670 |
$19 (+0.24) |
|
E – Open |
$49,500 |
$45,510 |
$3,990 (+8.06%) |
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Read More: December 2020 COE Results: Premiums Increase For All Categories
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