May 2019 COE Results 2nd Bidding: Premiums Fall Sharply in Latest COE Bidding Exercise

Published by on . Updated on 18 May 2020

COE May 2019 2nd Bidding

In the second bidding of May 2019, the Quota Premium across all categories end much lower. In this latest exercise, Cat A finished at $27,000, Cat B at $42,564, and Cat E at $47,000.

With 1,799 bids received, the Quota Premium (QP) for Cat A (Cars up to 1600CC & 97KW) saw the biggest drop. It went down drastically by $9,704, ending at $27,000.

Cat B (Cars above 1600CC or 97KW) got 1,407 bids and went down by $5,446, closing at $42,564 from $48,010 previously.

Cat C (Goods Vehicle & Bus) closed at $27,400 from $28,559 previously, a decrease of $1,159.

Cat D (Motorcycles) went down by $150, from $3,352 to $3,202.

Lastly, Cat E (Open category) received 626 bids and went down by $5,502, ending at $47,000 from $52,502 previously.

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


Current COE premium
(May 2019 2nd Bidding )

Previous COE premium
(May 2019 1st Bidding )


A – Car up to 1600CC & 97KW



$9,704 (-26.4%)

B – Car above 1600CC or 97KW



$5,446 (-11.3%)

C – Goods Vehicle & Bus



$1,159 (-4.06%)

D Motorcycle



$150 (-4.47%)

E Open



$5,502 (-10.5%)

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Read more: May 2019 COE Results: Cat A Prices Continue to Surge in Latest Bidding Exercise

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1 Comment

Dominic Lim
Wah, why drop so much sia?

almost 5 years ago