August 2022 COE Results 1st Bidding: Premiums See A Mix Of Increases and Decreases Across All Categories
In the 1st COE bidding exercise for August 2022, Cat A closed at $80,000, Cat B at $107,001, Cat C at $56,089, Cat D at $11,000 and Cat E at $113,000.
Cat A (Cars up to 1600CC & 97KW) received 689 bids and saw a $1,101 increase from the previous exercise. It closed at $80,000.
Cat B (Cars above 1600CC or 97KW) saw 612 bids and decreased by $3,002. It closed at $107,001.
Cat C (Goods Vehicle & Bus) received 168 bids and increased by $1,200. It closed at $56,089.
Cat D (Motorcycles) had 696 bids in total and saw a $90 increase. It closed today at $11,000.
Lastly, Cat E (Open Category) received 293 bids and saw an decrease of $1,001. It closed at $113,000.
Here’s a summary of the 2nd bidding exercise for July 2022:
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW | $80,000 |
$78,899 |
+ $1,101 |
$74,009 (Jul) |
| B – Car above 1600CC or 97KW | $107,001 |
$110,003 |
- $3,002 |
$102,078 (Jul) |
| C – Goods Vehicle & Bus | $56,089 |
$54,889 |
+ $1,200 |
$52,883 (Jul) |
| D – Motorcycle | $11,000 |
$10,910 |
+ $90 |
$10,180 (Jul) |
| E – Open | $113,000 |
$114,001 |
- $1,001 |
- |
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Read More: July 2022 COE Results 2nd Bidding: Premiums See Increases Across All Categories Again
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