September 2019 COE Results 2nd Bidding: Premiums for Cars End Slightly Higher

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Motorist September 2019 Coe Results 2nd Bidding

Certificate of Entitlement (COE) prices ended mixed in the second and final bidding exercise for September. In this exercise, Cat A closed at $31,759, Cat B at $37,000, and Cat E at $40,000.

With 1,453 bids received, Cat A (Cars up to 1600CC & 97KW) closed at $31,759, a minute difference of $24 from the last exercise.

For Cat B (Cars above 1600CC or 97KW), it received 1,418 bids and closed at $37,000; an increase of $999 from the previous exercise.

Cat C (Goods Vehicle & Bus) also saw a slight increase in COE prices. It closed at $25,556, an increase of $54.

As for Cat D (Motorcycles), it saw the largest drop in this exercise. It fell to $3,601, a $488 drop from the previous bidding exercise.

Lastly, Cat E (Open category) received 632 bids and saw an increase of $2,088. It closed at $40,000.

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

Category

Current COE premium
(September 2019-2nd Bidding)

Previous COE premium
(September 2019-1st Bidding)

Difference

A – Car up to 1600CC & 97KW

$31,759

$31,783

$24 (-0.08%)

B – Car above 1600CC or 97KW

$37,000

$36,001

$999 (2.8%)

C – Goods Vehicle & Bus

$25,556

$25,502

$54 (0.2%)

D Motorcycle

$3,601

$4,089

$488 (-11.9%)

E Open

$40,000

$37,912

$2,088 (5.5%)

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Read more: September 2019 COE Results: Prices Continue to Fall


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