October 2020 COE Results: Premiums Down For Cars

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Coe Results October 2020
In the first COE bidding exercise for October 2020, Cat A closed at $36,534, Cat B at $40,690, and Cat E at $40,301.

With 1,272 bids received, Cat A (Cars up to 1600CC & 97KW) closed at $36,534, a decrease of $1,970 from the previous exercise in September.

Cat B (Cars above 1600CC or 97KW) saw a drop in this exercise too. It received 1,218 bids and closed at $40,690 - a $299 decrease.

Cat C (Goods Vehicle & Bus) saw the largest increase in this exercise. It closed at $33,089 - $4,500 higher than the last exercise!

Cat D (Motorcycles) saw a slight increase of $120. It received 677 bids and closed at $7,451.

Lastly, for Cat E (Open Category), it saw a slight $700 drop. It closed at $40,301 and received 688 bids.

Here’s a summary of the 1st bidding exercise for October 2020:


Current COE premium
(October 2020 - 1st Bidding)

Current COE premium
(September 2020 - 2nd Bidding)


A – Car up to 1600CC & 97KW





B – Car above 1600CC or 97KW





C – Goods Vehicle & Bus





D – Motorcycle





E – Open




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Read More: September 2020 COE Results 2nd Bidding: Prices Close Mixed After Latest Exercise

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