October 2021 COE results 1st bidding: Further increases for Cat B and E
PHOTO: The Straits Times file
PUBLISHED ONOctober 07, 2021 4:25 AMByThomas Agustinus
In the 1st COE bidding exercise for October 2021, Cat A closed at $47,001, Cat B at $70,200, Cat C at $38,890, Cat D at $9,052 and Cat E at $72,756.
Cat A (Cars up to 1600CC & 97KW) received 1,077 bids and saw a decrease of $999 from the previous exercise. It closed at $47,001.
Cat B (Cars above 1600CC or 97KW) saw 1,130 bids and went up by $1,890. It closed at $70,200.
Cat C (Goods Vehicle & Bus) received 233 bids and went down by $110. It closed at $38,890.
Cat D (Motorcycles) had 633 bids in total and saw a decrease of $37. It closed today at $9,052.
Lastly, Cat E (Open Category) received 442 bids and shot up by $2,754, the biggest in this exercise. It closed at $72,256
Here's a summary of the 1st bidding exercise for October 2021:
|
Category |
Current COE premium (October 2021 - 1st Bidding) |
Previous COE premium |
Difference |
|
A – Car up to 1600CC & 97KW |
$47,001 |
$48,000 |
-$999 (-2.1 per cent) |
|
B – Car above 1600CC or 97KW |
$70,200 |
$68,310 |
+$1,890 (+2.7 per cent) |
|
C – Goods Vehicle & Bus |
$38,890 |
$39,000 |
-$110 (-0.3 per cent) |
|
D – Motorcycle |
$9,052 |
$9,089 |
-$37 (-0.4 per cent) |
|
E – Open |
$72,756 |
$70,002 |
+$2,754 (+3.9 per cent) |
This article was first published in Motorist.