December 2021 COE Results 1st Bidding: Premiums Rise Across The Board
In the 1st COE bidding exercise for December 2021, Cat A closed at $57,010, Cat B at $80,401, Cat C at $45,000, Cat D at $9,401, and Cat E at $85,000.
Cat A (Cars up to 1600CC & 97KW) received 771 bids and saw a $2,009 increase from the previous exercise. It closed at $57,010
Cat B (Cars above 1600CC or 97KW) saw 822 bids and increased by $800. It closed at $80,401.
Cat C (Goods Vehicle & Bus) received 147 bids and increased by $1,498. It closed at $45,000.
Cat D (Motorcycles) had 584 bids in total and saw a $20 increase. It closed today at $9,401.
Lastly, Cat E (Open Category) received 245 bids and saw a decrease of $1,001. It closed at $85,000.
Here’s a summary of the 1st bidding exercise for December 2021:
| Category |
Current COE | Previous COE |
Difference |
|---|---|---|---|
| A – Car up to 1600CC & 97KW |
$57,010 |
$55,001 |
+$2,009 |
| B – Car above 1600CC or 97KW |
$80,401 |
$79,601 |
+$800 |
| C – Goods Vehicle & Bus |
$45,000 | $43,502 |
+$1,498 |
| D – Motorcycle |
$9,401 | $9,381 |
+$20 |
| E – Open |
$85,000 | $86,001 |
-$1,001 |
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