August 2021 COE Results: Premiums Decrease for Categories A, B and E

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August 2021 Coe Results Premiums Decrease For Categories A B And E Featured
In the 1st COE bidding exercise for August 2021, Cat A closed at $45,189, Cat B at $56,001, Cat C at $42,589, Cat D at $8,899 and Cat E at $59,599.

With 1,021 bids received, Cat A (Cars up to 1600CC & 97KW) closed at $45,189, a decrease of $1,821 from the previous exercise.

Cat B (Cars above 1600CC or 97KW) is now $3,500 lower than the last exercise. It received 980 bids and closed at $56,001.

Cat C (Goods Vehicle & Bus) went up by $3,066, closing this exercise at $42,589 and it received 233 bids in total.

Cat D (Motorcycles) saw an increase of $210. With 667 bids, it closed at $8,899 higher than the previous exercise.

Finally, Cat E (Open Category) is now $402 less than the previous exercise. It closed at $59,599 and received 288 bids in total.

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

Category

Current COE premium
(August 2021 1st Bidding)

Previous COE premium
(July 2021 2nd Bidding)

Difference

A – Car up to 1600CC & 97KW

$45,189

$47,010

$1,821

(-3.87%)

B – Car above 1600CC or 97KW

$56,001

$59,501

$3,500

(-5.88%)

C – Goods Vehicle & Bus

$42,589

$39,523

$3,066

(7.76%)

D – Motorcycle

$8,899

$8,689

$210

(2.42%)

E – Open

$59,599

$60,001

$402

(-0.67%)


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Read More: July 2021 COE Results 2nd Bidding: Premiums Rise For All Categories


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