April 2021 COE Results: Premiums Rise For Cars and Motorcycles
In the first COE exercise for April 2021, Cat A closed at $45,600, Cat B at $52,309, Cat C at $36,134, Cat D at $8,000 and Cat E at $52,200.
Cat A (Cars up to 1600CC & 97KW) is now $1,011 more than the previous exercise. It closed at $45,600 and received 1,212 bids in total.
With 1,524 bids received, Cat B (Cars above 1600CC or 97KW) closed at $52,309, an increase of $5,308 from the previous exercise in March.
Cat C (Goods Vehicle & Bus) is now $3,455 lower than the last exercise. It received 488 bids and closed at $36,134.
Cat D (Motorcycles) saw a slight increase of $209. It received 735 bids and closed at $8,000.
Finally, Cat E (Open Category) increased by $4,394, closing this exercise at $52,200 and it received 635 bids in total.
Here’s a summary of the 1st bidding exercise for April 2021:
|
Category |
Current COE premium |
Previous COE premium |
Difference |
|
A – Car up to 1600CC & 97KW |
$45,600 |
$44,589 |
$1,011 (2.3%) |
|
B – Car above 1600CC or 97KW |
$52,309 |
$47,001 |
$5,308 (11.3%) |
|
C – Goods Vehicle & Bus |
$36,134 |
$39,589 |
$3,455 (-8.7%) |
|
D – Motorcycle |
$8,000 |
$7,791 |
$209 (2.7%) |
|
E – Open |
$52,200 |
$47,806 |
$8 (9.2%) |
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Read More: March 2021 COE Results 2nd Bidding: Premiums Rise For All Categories Again
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