May 2022 COE Results 2nd Bidding: Increases Across All Categories Except Cat A

Published by on . Updated on 30 May 2022
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In the 2nd COE bidding exercise for May 2022, Cat A closed at $68,001, Cat B at $95,889, Cat C at $51,501, Cat D at $9,490 and Cat E at $95,901.

Cat A (Cars up to 1600CC & 97KW) received 819 bids and saw a $2,900 decrease from the previous exercise. It closed at $68,001.

Cat B (Cars above 1600CC or 97KW) saw 709 bids and increased by $3,799. It closed at $95,889

Cat C (Goods Vehicle & Bus) received 220 bids and increased by $611. It closed at $51,501.

Cat D (Motorcycles) had 899 bids in total and saw a $1 increase. It closed today at $9,490.

Lastly, Cat E (Open Category) received 309 bids and saw an increase of $4,789. It closed at $95,901.

Here’s a summary of the 2nd bidding exercise for May 2022:

Category
Current COE
Previous COE
Difference
PQP
A – Car up to 1600CC & 97KW

$68,001

$70,901 


- $2,900
$67,586 (May)
B – Car above 1600CC or 97KW
$95,889
$92,090 

+ $3,799
$93,644 (May) 
C – Goods Vehicle & Bus
$51,501 
$50,890  
+ $611
$49,633 (May) 
D – Motorcycle
$9,490
$ 9,489  
+ $1
$10,468 (May) 
E – Open
$95,901
$91,112 
+ $4,789
-

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Read More: May 2022 COE Results 1st Bidding: Cat E Sees Further Price Drops, Slight Increases Across Some Categories


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