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COE Bidding Results

The second June'2019 COE bidding results has ended and we see a drop in prices across the board of different categories. The biggest drop in Category B(More than 1,600cc) of $3,822 in price. Category A(1,600cc & below) also saw a significant drop of $3,010 this time round.


The Open category also saw a downward drop of $2,602 ending at $39,400


The lowest drop seen is at Category C (Commercial Vehicles) which saw a drop of $1 ending at $25,501.


Motorcycle Category ending $3,000, down $90 from $3,090.


For new vehicle buyers, this could be good news as we should see a movement in pricing in the private cars sectors


(Source: https://www.onemotoring.com.sg/content/onemotoring/home/buying/coe-open-bidding.html )





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