May 2021 COE Results 2nd Bidding: Decrease in Premiums Except for Motorcycles

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2nd Bidding May 2021 Featured

In the 2nd COE exercise for May 2021, Cat A closed at $41,801, Cat B at $58,089, Cat C at $41,701, Cat D at $8,701 and Cat E at $62,000.

The most significant decrease came from Cat A (Cars up to 1600CC & 97KW). It saw a huge drop of $6,201. It received 1,209 bids and closed at $41,801.

With 1,089 bids received, Cat B (Cars above 1600CC or 97KW) closed at $58,089. It dropped by $1,912 from the previous exercise.

Cat C (Goods Vehicle & Bus) closed $1,300 lower at $41,701. It received 315 bids.

Cat D (Motorcycles) is now $690 higher than the last exercise. It received 904 bids and closed at $8,701.

Finally, Cat E (Open Category) decreased by $1,002, closing this exercise at $62,000 and it received 400 bids in total.

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


Current COE premium
(May 2021 2nd Bidding)

Previous COE premium
(May 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: May 2021 COE Results: Fall in Premiums for Cat A to C

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