April 2019 COE Results 2nd Bidding: Premiums for Cars Went Up By Over $4,000

Published by on . Updated on 18 May 2020
April 2019 COE Results 2nd Bidding
In the second bidding of April 2019, the Quota Premium for cars end higher once again. In this exercise, Cat A finished at $33,199, Cat B at $48,000, and Cat E at $52,410.

With 2,249 bids received, the Quota Premium (QP) for Cat A (Cars up to 1600CC & 97KW) went up to $33,199, $4,040 higher than the previous bid of $29,159.

Cat B (Cars above 1600CC or 97KW) saw the biggest increase today. It got 1,634 bids and went up by $4,898, closing at $48,000 from $43,102 previously.

Cat C (Goods Vehicle & Bus) closed at $32,001 from $27,589 previously, an increase of $4,412.

Cat D (Motorcycles) was the only category that went down today. It went down by $49, from $3,501 to $3,452.

Lastly, Cat E (Open category) received 667 bids and went up by $4,201, ending at $52,410 from $48,209 previously.

Here’s a summary of the 2nd bidding exercise for April 2019.


Current COE premium
(April 2019 2nd Bidding )

Previous COE premium
(April 2019 1st Bidding )


A – Car up to 1600CC & 97KW



$4,040 (+13.9%)

B – Car above 1600CC or 97KW



$4,898 (+11.4%)

C – Goods Vehicle & Bus



$4,412 (+16%)

D Motorcycle



$49 (-1.4%)

E Open



$4,201 (+8.71%)

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Read more: April 2019 COE Results: Quota Premiums for Cars Go up Even Further

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