Aug COE 2nd Bid Results : COE up in most categories

 

COE rises across the board except for Motorcycles.

Bad news for those waiting for COE to drop below  30K.

COE continues the upward trend that it has been setting for most categories since the restart of bidding after Phase 2.

Despite Covid19, demand for new cars continues to stay firm as COE rises. In fact, COE is at the highest for most categories except Motorcycles for the year 2020. If you had been waiting for prices to drop to book the new car, you just might have to wait a little longer.