July 2021 COE Results: Premiums End Mixed After Last Exercise
In the first COE bidding exercise for July 2021, Cat A closed at $45,001, Cat B at $56,100, Cat C at $38,900, Cat D at $8,502, and Cat E at $57,700.
The most significant decrease came from Cat A (Cars up to 1600CC & 97KW). It saw a huge drop of $2,820. It received 1,149 bids and closed at $45,001.
Cat B (Cars above 1600CC or 97KW) saw an increase in this exercise. Closing at $56,100, it is $68 higher than the previous exercise. Cat B received 1,087 bids in total.
Cat C (Goods Vehicle & Bus) saw the largest increase in this exercise. It closed at $38,900 - $1,900 higher than the last exercise! It received 340 bids in total.
Cat D (Motorcycles) saw a slight increase of $1. It received 760 bids and closed at $8,502.
Lastly, Cat E (Open Category) saw a drop in this exercise too. It received 416 bids and closed at $57,700 - a $301 decrease.
Here’s a summary of the 1st bidding exercise for July 2021:
|
Category |
Current COE premium |
Previous COE premium |
Difference |
|
A – Car up to 1600CC & 97KW |
$45,001 |
$47,821 |
$2,820 (-5.9%) |
|
B – Car above 1600CC or 97KW |
$56,100 |
$56,032 |
$68 (0.12%) |
|
C – Goods Vehicle & Bus |
$38,900 |
$37,000 |
$1,900 (5.14%) |
|
D – Motorcycle |
$8,502 |
$8,501 |
$1 (0.01%) |
|
E – Open |
$57,700 |
$58,001 |
$301 (-0.52%) |
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Read More: June 2021 COE Results 2nd Bidding: Prices Drop Slightly After Previous Hike
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