January 2021 COE Results: Premiums End Mixed In 1st Bidding of 2021

Motorist Coe Results 1st Bidding January 2021
In the first COE bidding exercise of 2021, Cat A closed at $40,609, Cat B at $49,001, Cat C at $35,900, Cat D at $7,501, and Cat E at $49,489

Cat A (Cars up to 1600CC & 97KW) closed this exercise at $40,609, and saw an increase of $53. It received 1,280 bids.

Closing at $49,001 is Cat B (Cars above 1600CC or 97KW). It closed $299 lower than the previous exercise. It received 1,396 bids in total.

Cat C (Goods Vehicle & Bus) also saw an increase in premiums once again. It closed this exercise $699 higher, at $35,900.

Cat D (Motorcycles) closed at $7,501. It saw a dip of $188 from the last exercise. It received 692 bids in total.

Finally, for Cat E (Open Category), it has decreased by $11. It closed at $49,489 and received 758 bids.

Here’s a summary of the 1st bidding exercise for January 2021:

Category

Current COE premium
(Janaury 2021 1st Bidding)

Previous COE premium
(December 2020 2nd Bidding)

Difference

A – Car up to 1600CC & 97KW

$40,609

$40,556

$53

(+0.13%)

B – Car above 1600CC or 97KW

$49,001

$49,300

$299

(-0.61%)

C – Goods Vehicle & Bus

$35,900

$35,201

$699

(+1.98%)

D – Motorcycle

$7,501

$7,689

$188

(-2.44%)

E – Open

$49,489

$49,500

$11
(-0.02%)


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


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