March 2021 COE Results 2nd Bidding: Premiums Rise For All Categories Again
In the 2nd COE bidding exercise for March 2021, Cat A closed at $44,589, Cat B at $47,001, Cat C at $39,589, Cat D at $7,791 and Cat E at $47,806.
Cat A (Cars up to 1600CC & 97KW) took a climb by $2,593, closing this exercise at $44,589. It received 1,186 bids in total.
Cat B (Cars above 1600CC or 97KW) rose by $2,000 from the last exercise. It closed at $47,001 and received 1,222 bids in total.
Cat C (Goods Vehicle & Bus) increased this time. It is now $2,076 more than the previous exercise. It closed at $39,589 and received 507 bids in total.
Cat D (Motorcycles) received 700 bids in total. It went up by $39, closing this exercise at $7,791.
Finally, Cat E (Open Category) closed this exercise at $47,806 and saw an increase of $805. It received 430 bids in total.
Here’s a summary of the 2nd bidding exercise for March 2021:
Category |
Current COE premium |
Previous COE premium |
Difference |
A – Car up to 1600CC & 97KW |
$44,589 |
$41,996 |
$2,593 (+6.17%) |
B – Car above 1600CC or 97KW |
$47,001 |
$45,001 |
$2,000 (+4.44%) |
C – Goods Vehicle & Bus |
$39,589 | $37,513 |
$2,076 (+5.53%) |
D – Motorcycle |
$7,791 |
$7,752 |
$39 (+0.50%) |
E – Open |
$47,806 |
$47,001 |
$805 (+1.71%) |
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Read More: March 2021 COE Results: Increase In Premiums For Cat A & D
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