August 2019 COE Results: Increased Quota Premiums Across All Categories

Motorist Coe Results August 2018 1st Bidding
In the first bidding exercise for August 2019, COE prices for all categories went up. Cat A closed at $32,725, Cat B at $40,001, and Cat E at $40,512.

Receiving 2,023 bids, Cat A (Cars up to 1600CC & 97KW) closed at $32,725, a solid $6,058 increase from the last exercise in July.

For Cat B (Cars above 1600CC or 97KW), it received 1,487 bids and ended at $40,001—$$595 higher than the previous exercise.

Cat C (Goods Vehicle & Bus) closed this exercise at $27,800. It went up by $3,201, a significant amount from July.

As for Cat D (Motorcycles), it rose by $846, ending the first COE exercise for August at $4,400.

Last but not least, Cat E (Open category) received 589 bids in total. An increase of $623, it closed at $40,512 for this exercise.

Here’s a summary of the 1st bidding exercise for August 2019.

Category

Current COE premium
(August 2019-1st Bidding)

Previous COE premium
(July 2019-2nd Bidding)

Difference

A – Car up to 1600CC & 97KW

$32,725

$26,667

$6,058 (+22.7%)

B – Car above 1600CC or 97KW

$40,001

$39,406

$595 (+1.5%)

C – Goods Vehicle & Bus

$27,800

$24,599

$3,201 (+13%)

D Motorcycle

$4,400

$3,554

$846 (+23.8%)

E Open

$40,512

$39,889

$623 (+1.6%)

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Read more: July 2019 COE Results 2nd Bidding: Premiums for Cars End Mostly Higher


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