June 2021 COE Results: Premiums Increase for Categories A and B
In the first COE exercise for June 2021, Cat A closed at $48,510, Cat B at $60,109, Cat C at $37,002, Cat D at $8,703 and Cat E at $61,112.
Cat A (Cars up to 1600CC & 97KW) is now $6,709 more than the previous exercise. It closed at $48,510 and received 1,439 bids in total.
With 1,107 bids received, Cat B (Cars above 1600CC or 97KW) closed at $60,109, an increase of $2,020 from the previous exercise in May.
Cat C (Goods Vehicle & Bus) is now $4,699 lower than the last exercise. It received 413 bids and closed at $37,002.
Cat D (Motorcycles) took the smallest hike by $2. It received 776 bids and closed at $8,703.
Finally, Cat E (Open Category) decreased by $888, closing this exercise at $61,112 and it received 331 bids in total.
Here’s a summary of the 1st bidding exercise for June 2021:
Category |
Current COE premium |
Previous COE premium |
Difference |
A – Car up to 1600CC & 97KW |
$48,510 |
$41,801 |
$6,709 (16.05%) |
B – Car above 1600CC or 97KW |
$60,109 |
$58,089 |
$2,020 (3.48%) |
C – Goods Vehicle & Bus |
$37,002 | $41,701 |
$4,699 (-11.27%) |
D – Motorcycle |
$8,703 | $8,701 |
$2 (0.02%) |
E – Open |
$61,112 |
$62,000 |
$888 (-1.43%) |
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Read More: May 2021 COE Results 2nd Bidding: Decrease in Premiums Except for Motorcycles
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