April 2021 COE Results 2nd Bidding: All Premiums Increased Except For Motorcycles
In the 2nd COE bidding exercise for April 2021, Cat A closed at $49,640, Cat B at $61,190, Cat C at $44,001, Cat D at $8,000 and Cat E at $62,100.
Cat A (Cars up to 1600CC & 97KW) went up by $4,040, closing this exercise at $49,640 and it received 1,290 bids in total.
Cat B (Cars above 1600CC or 97KW) is now $8,881 higher than the last exercise. It received 1,585 bids and closed at $61,190.
With 441 bids received, Cat C (Goods Vehicle & Bus) closed at $44,001, an increase of $7,867 from the previous exercise.
Cat D (Motorcycles) remains stable at $8,000 and received 734 bids.
Finally, Cat E (Open Category) is now $9,900 more than the previous exercise. It closed at $62,100 and received 633 bids in total.
Here’s a summary of the 2nd bidding exercise for April 2021:
|
Category |
Current COE premium |
Previous COE premium |
Difference |
|
A – Car up to 1600CC & 97KW |
$49,640 |
$45,600 |
$4,040 (8.86%) |
|
B – Car above 1600CC or 97KW |
$61,190 |
$52,309 |
$8,881 (16.98%) |
|
C – Goods Vehicle & Bus |
$44,001 |
$36,134 |
$7,867 (21.77%) |
|
D – Motorcycle |
$8,000 |
$8,000 |
$0 (0%) |
|
E – Open |
$62,100 |
$52,200 |
$9,900 (18.97%) |
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Read More: April 2021 COE Results: Premiums Rise For Cars and Motorcycles
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