February 2021 COE Results 2nd Bidding: Quota Premiums Down Across the Board

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Coe Feb 2021 2nd Bidding

In the 2nd COE bidding exercise for February 2021, Cat A closed at $41,001, Cat B at $46,002, Cat C at $40,890, Cat D at $7,500 and Cat E at $47,506.

Cat A (Cars up to 1600CC & 97KW) went down by $999. It closed this exercise at $41,001 and received 1,226 bids in total.

Cat B (Cars above 1600CC or 97KW) closed this exercise at $46,002 and saw a decrease of $788. It received 1,168 bids in total.

Cat C (Goods Vehicle & Bus) saw the biggest dip. It went $4,111 lower than the last exercise. It closed at $40,890 and received 424 bids in total.

Cat D (Motorcycles) saw the smallest dip at $6. It closed at $7,500 and received 715 bids.

Finally, Cat E (Open Category) fell steadily by $2,272 from the last exercise. It closed at $47,506 and received 503 bids in total.

Here’s a summary of the 2nd bidding exercise for February 2021:


Current COE premium
(February 2021 2nd Bidding)

Previous COE premium
(February 2021 1st 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: February 2021 COE Results: Quota Premiums Plunges for Cars

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