February 2022 COE Results 1st Bidding: Premiums Rise Again Across All Categories
In the 1st COE bidding exercise for February 2022, Cat A closed at $60,761, Cat B at $86,102, Cat C at $44,001 Cat D at $10,010 and Cat E at $87,000
Cat A (Cars up to 1600CC & 97KW) received 819 bids and saw a $2,863 increase from the previous exercise. It closed at $60,761
Cat B (Cars above 1600CC or 97KW) saw 865 bids and increased by $4,101. It closed at $86,102.
Cat C (Goods Vehicle & Bus) received 149 bids and increased by $1,000. It closed at $44,001
Cat D (Motorcycles) had 555 bids in total and saw an increase of $10. It closed today at $10,010.
Lastly, Cat E (Open Category) received 269 bids and saw an increase of $3,089. It closed at $87,000.
Here’s a summary of the 1st bidding exercise for February 2022:
| Category | Current COE | Previous COE | Difference |
|---|---|---|---|
| A – Car up to 1600CC & 97KW | $60,761 | $57,898 |
+$2,863 |
| B – Car above 1600CC or 97KW | $86,102 | $82,001 |
+$4,101 |
| C – Goods Vehicle & Bus | $44,001 | $43,001 |
+$1,000 |
| D – Motorcycle | $10,010 | $10,000 |
+$10 |
| E – Open | $87,000 | $83,911 |
+$3,098 |
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Read More: January COE Results 2nd Bidding: Premiums Rise Across All Categories
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