In the latest COE Bidding Results (19 Jun 2019), once again, most COE premiums went down! Check out the prices of COE premiums after the exercise below.
COE Bidding Results (19 Jun 2019)
For Category A cars, premiums closed higher in the latest exercise. Finishing at $26,999, the premiums closed $3,010 lower. Premiums in this category are meant for cars 1,600cc and below with horsepower not exceeding 130bhp.
Leading the drop were premiums in Category B. Going down $3,822 lower and closing at $35,906. These COE premiums are mainly used for larger and more powerful cars.
Also dropping by a good $2,602 were premiums in Open Category, closing at $39,400. Premiums in this category can be used for any vehicle type, but end up being used mainly for large cars.
There were a total of 5,490 bids received, but a quota of only 4,248 COEs available.
See full results here.