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