May 2018 COE Results 2nd Bidding: Premiums Fall Across Most Categories

Car News    John

Motorist Coe Bidding Exercise May 2018 2nd
May 2018 COE Results, 2nd Bidding Exercise

In the 2nd bidding exercise for May 2018, Certificate of Entitlement (COE) premiums saw a drop across the board, except in Cat E.

Premiums for Cat A (Cars up to 1600CC & 97KW) fell by S$940, from $38,941 in the first bidding exercise for May 2018 to $38,001.

For Cat B (Cars above 1600CC or 97KW), premiums also went down, from $38,501 to $37,989 – a $512 reduction.

As for Cat C (Goods vehicles & buses), it saw the greatest dip across all categories, from $33,190 to $29,901 – a difference of $3,289.

For Cat D (Motorcycles), it went down by $89, from $7,204 to $7,115 – a reverse from the previous bidding.

The only increase came from the Open category, which saw premiums rise by $100, from $38,600 to $38,700.

Here’s a summary of the latest COE bidding exercise:


Current COE premium
(May 2018 – 2nd Bidding)

Previous COE premium
(May 2018 – 1st Bidding)


A – Car up to 1600CC & 97KW



$940 (-2.47%)

B – Car above 1600CC or 97KW



$512 (-1.35%)

C – Goods Vehicle & Bus



$3,289 (-11%)

D - Motorcycle



$89 (-1.25%)

E - Open



$100 (+0.26%)

Will we see further reductions in the next bidding exercise in June? Let us know your thoughts in the comments below.

Read more: May 2018 COE Results: Premiums Close Mostly Higher in Latest Bidding Exercise

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