In the latest COE Bidding Results (6 Jun 2019), almost all premiums in all categories went down again! The only exception was COE premiums in Category A. Check out the prices of COE premiums after the exercise below.
COE Bidding Results (6 Jun 2019)
For Category A cars, premiums closed higher in the latest exercise. Finishing at $30,009, the premiums closed $3,009 higher. Premiums in this category are meant for cars 1,600cc and below with horsepower not exceeding 130bhp.
Leading the drop were premiums in the Open Category. Closing $4,998 lower and ending at $42,002. Premiums in this category can be used for any vehicle type, but end up being used mainly for large cars.
Also dropping by a good $2,836 were premiums in Category B. These COE premiums are mainly used for larger and more powerful cars closed at $39,728.
There were a total of 5,656 bids received, but a quota of only 4,257 COEs available.
See full results here.