February 2021 COE Results: Quota Premiums Plunges for Cars

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Coe Feb 1st Bidding

In the 1st COE bidding exercise for February 2021, Cat A closed at $42,000, Cat B at $46,790, Cat C at $45,0001, Cat D at $7,506 and Cat E at $49,778.

Closing at $42,000 is Cat A (Cars up to 1600CC & 97KW). It is now $1,501 lower than the previous exercise. It received 1,098 bids in total.

Cat B (Cars above 1600CC or 97KW) saw the biggest dip. It is $3,310 lower than the last exercise. It closed at $46,790 and received 1,107 bids in total.

Cat C (Goods Vehicle & Bus) closed this exercise at $45,001 and saw a whopping increase of $4,002. With 510 bids received, Cat C is the only category that saw an increase in this exercise.

Cat D (Motorcycles) saw the smallest dip at $83. It closed at $7,506 and received 705 bids.

Finally, Cat E (Open Catergory) took a dive by $2,122 from the last exercise. It closed at $49,778 and received 435 bids in total.

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


Current COE premium
(February 2021 2nd Bidding)

Previous COE premium
(Janaury 2021 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: January 2021 COE Results 2nd Bidding: Quota Premiums Rises Across All Categories

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