December 2020 COE Results: Cat A Drops While Everything Else Increases

Motorist Coe Results December 2020 2nd

In the 2nd COE bidding exercise for December 2020, Cat A closed at $40,556, Cat B at $49,300, Cat C at $35,201, Cat D at $7,689, and Cat E at $49,500.

Cat A (Cars up to 1600CC & 97KW) closed this exercise at $40,556. It received 1,403 bids and saw a $158 decrease in premiums.

Closing at $49,300 is Cat B (Cars above 1600CC or 97KW). It closed $4,288 higher than the previous exercise. It received 1,009 bids in total.

Cat C (Goods Vehicle & Bus) also saw an increase in premiums once again. It closed $2,312 higher with the final amount at $35,201.

Cat D (Motorcycles) closed at $7,689 with an increase of $19 from the last exercise. It received 710 bids in total.

Finally, for Cat E (Open Category), it saw another increase at $3,990. It closed at $49,500 and received 688 bids.

Here’s a summary of the 2nd bidding exercise for December 2020:

Category

Current COE premium
(December 2020 2nd Bidding)

Previous COE premium
(December 2020 - 1st Bidding)

Difference

A – Car up to 1600CC & 97KW

$40,556

$40,714

$158

(-0.38%)

B – Car above 1600CC or 97KW

$49,300

$45,012

$2,312

(+4.68%)

C – Goods Vehicle & Bus

$35,201

$32,889

$2,312

(+6.56%)

D – Motorcycle

$7,689

$7,670

$19

(+0.24)

E – Open

$49,500

$45,510

$3,990
(+8.06%)


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Read More: December 2020 COE Results: Premiums Increase For All Categories


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