December 2019 COE Results 2nd Bidding: Premiums Drop for All Categories

Motorist Coe Results December 2nd Bidding
COE prices for all categories end lower in the 2nd bidding exercise for December 2019. In the last bidding exercise for 2019, Cat A closed at $32,889, Cat B at $36,000, and Cat E at $37,989.

With 1,256 received bids, Cat A (Cars up to 1600CC & 97KW) closed at $32,889 — $120 lower compared to the previous exercise.

For Cat B (Cars above 1600CC or 97KW), there was a $1,900 decrease. It received 1,251 bids in total and closed at $36,000.

Cat C (Goods Vehicle & Bus) closed $504 lower from the previous exercise at $23,200.

As for Cat D (Motorcycles), it also closed lower at $3,658.

Finally, for Cat E (Open category), it received 496 bids and closed at $37,989, a decrease of $900 from the previous exercise.

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

Category

Current COE premium
(Dec 2019-2nd Bidding)

Previous COE premium
(Dec 2019-1st Bidding)

Difference

A – Car up to 1600CC & 97KW

$32,889

$33,009

$120 (-0.4%)

B – Car above 1600CC or 97KW

$36,000

$37,900

$1,900 (-5%)

C – Goods Vehicle & Bus

$23,200

$23,704

$504 (-2.1%)

D Motorcycle

$3,658

$3,789

$131 (-3.5%)

E Open

$37,989

$38,889

$900 (-2.3%)

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Read more: December 2019 COE Results: Premiums End Mostly Lower for Car Categories


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