COE RESULTS: 1ST BIDDING FOR MAY 2019 (8/5/19)
The latest bidding exercise on Wednesday, 8 May 2019, ended with an increase in 3 out of 5 categories.
Category A (Cars up to 1600cc & 97kW) quota premium increased 10.56% from $33,199 to $36,704.
The quota premium for Category B (Cars above 1600cc or 97kW) increased 0.02% from $48,000 to $48,010.
Category C (Goods Vehicle & Bus) and Category D (Motorcycle) saw a decrease in quota premium to $28,559 and $3,352 respectively.
Lastly, Category E (Open-all except Motorcycle) quota premium increased 0.18% from $52,410 to $52,502.
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