August 2021 COE results 2nd bidding: Premiums rise across all categories, except Cat C
PHOTO: The Straits Times file
PUBLISHED ONAugust 19, 2021 3:44 AMByMikhail
In the 2nd COE bidding exercise for August 2021, Cat A closed at $46,689, Cat B at $61,001, Cat C at $40,010, Cat D at $9,500 and Cat E at $64,901.
With 1,021 bids received, Cat A (Cars up to 1600CC & 97KW) closed at $46,689, an increase of $1,500 from the previous exercise.
Cat B (Cars above 1600CC or 97KW) is now $5,000 higher than the last exercise. It received 1,065 bids and closed at $61,001.
Cat C (Goods Vehicle & Bus) went down by $2,579, closing this exercise at $40,010 and it received 220 bids in total.
Cat D (Motorcycles) saw an increase of $601. With 635 bids, it closed at $9,500.
Finally, Cat E (Open Category) is $5,302 higher than the previous exercise. It closed at $64,901 and received 198 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 |
$46,689 |
$45,189 |
$1,500 (3.32 per cent) |
|
B – Car above 1600CC or 97KW |
$61,001 |
$56,001 |
$5,000 (8.93 per cent) |
|
C – Goods Vehicle & Bus |
$40,010 |
$42,589 |
-$2,579 (6.06 per cent) |
|
D – Motorcycle |
$9,500 |
$8,889 |
$601 (6.76 per cent) |
|
E – Open |
$64,901 |
$59,599 |
$5,302 (8.90 per cent) |
This article was first published in Motorist.