August 2021 COE Results: Premiums Decrease for Categories A, B and E
In the 1st COE bidding exercise for August 2021, Cat A closed at $45,189, Cat B at $56,001, Cat C at $42,589, Cat D at $8,899 and Cat E at $59,599.
With 1,021 bids received, Cat A (Cars up to 1600CC & 97KW) closed at $45,189, a decrease of $1,821 from the previous exercise.
Cat B (Cars above 1600CC or 97KW) is now $3,500 lower than the last exercise. It received 980 bids and closed at $56,001.
Cat C (Goods Vehicle & Bus) went up by $3,066, closing this exercise at $42,589 and it received 233 bids in total.
Cat D (Motorcycles) saw an increase of $210. With 667 bids, it closed at $8,899 higher than the previous exercise.
Finally, Cat E (Open Category) is now $402 less than the previous exercise. It closed at $59,599 and received 288 bids in total.
Here’s a summary of the 1st bidding exercise for August 2021:
|
Category |
Current COE premium |
Previous COE premium |
Difference |
|
A – Car up to 1600CC & 97KW |
$45,189 |
$47,010 |
$1,821 (-3.87%) |
|
B – Car above 1600CC or 97KW |
$56,001 |
$59,501 |
$3,500 (-5.88%) |
|
C – Goods Vehicle & Bus |
$42,589 |
$39,523 |
$3,066 (7.76%) |
|
D – Motorcycle |
$8,899 |
$8,689 |
$210 (2.42%) |
|
E – Open |
$59,599 |
$60,001 |
$402 (-0.67%) |
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Read More: July 2021 COE Results 2nd Bidding: Premiums Rise For All Categories
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