COE Bidding Results (19 February 2020)

In the latest COE Bidding Results (19 February 2020), COE premiums closed mixed. Find out where the different categories closed at below.

COE Bidding Results (19 February 2020)

For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at $32,999, up by almost $3,000 from the last exercise.

Also rising were premiums for larger and more powerful cars in Category B. These COE premiums rose by almost $2,000, closing at $32,889.

COEs for commercial vehicles, which include goods vehicles and buses, dropped by $12 after increasing by the same amount in the least exercise. COE premiums in this category closed at $25,001.

Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, continued falling and closed at $33,301.

There were a total of 4,863 bids received but a quota of only 3,226 COEs available.

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