July 2021 COE Results 2nd Bidding: Premiums Rise For All Categories
In the 2nd COE bidding exercise for July 2021, Cat A closed at $47,010, Cat B at $59,501, Cat C at $39,523, Cat D at $8,689 and Cat E at $60,001.
With 1,240 bids received, Cat A (Cars up to 1600CC & 97KW) closed $2,009 higher from the previous exercise in March, at $47,010.
For Cat B (Cars above 1600CC or 97KW), it saw the highest increment at $3,401! It received 1,107 bids and closed at $59,501.
Cat C (Goods Vehicle & Bus) closed $623 higher at $39,523. It received 337 bids in total.
Cat D (Motorcycles) closed at $8,689 and received 863 bids in total; a $187 increase from last exercise.
Lastly, for Cat E (Open category), it increased by $2,301. It received 408 bids, and closed at $60,001.
Here’s a summary of the 2nd bidding exercise for July 2021:
Category |
Current COE premium |
Previous COE premium |
Difference |
A – Car up to 1600CC & 97KW |
$47,010 |
$45,001 |
$2,009 (4.46%) |
B – Car above 1600CC or 97KW |
$59,501 |
$56,100 |
$3,401 (6.06%) |
C – Goods Vehicle & Bus |
$39,523 | $38,900 |
$623 (1.60%) |
D – Motorcycle |
$8,689 | $8,502 |
$187 (2.2%) |
E – Open |
$60,001 |
$57,700 |
$2,301 (3.99%) |
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Read More: July 2021 COE Results: Premiums End Mixed After Last Exercise
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