January COE Results 2nd Bidding: Premiums Rise Across All Categories
In the 2nd COE bidding exercise for January, Cat A closed at $57,898, Cat B at $82,001, Cat C at $43,001, Cat D at $10,000 and Cat E at $83,911.
Cat A (Cars up to 1600CC & 97KW) received 711 bids and saw a $299 increase from the previous exercise. It closed at $57,898.
Cat B (Cars above 1600CC or 97KW) saw 907 bids and saw an increase of $4,301. It closed at $82,001.
Cat C (Goods Vehicle & Bus) received 149 bids and increased by $801. It closed at $43,001.
Cat D (Motorcycles) had 416 bids in total and saw an increase of $311. It closed today at $10,000.
Lastly, Cat E (Open Category) received 226 bids and saw an increase of $1,410. It closed at $83,911.
Here’s a summary of the 2nd bidding exercise for December 2021:
| Category | Current COE | Previous COE | Difference |
|---|---|---|---|
| A – Car up to 1600CC & 97KW | $57,898 | $57,599 |
+$299 |
| B – Car above 1600CC or 97KW | $82,001 | $77,700 |
+$4,301 |
| C – Goods Vehicle & Bus | $43,001 | $42,200 |
+$801 |
| D – Motorcycle | $10,000 | $9,689 |
+$311 |
| E – Open | $83,911 | $82,501 |
+$1,410 |
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