August 2022 COE Results 2nd Bidding: Increase In Premiums Across All Categories Except For Category E
In the 2nd COE bidding exercise for August 2022, Cat A closed at $87,889, Cat B at $112,001, Cat C at $59,090, Cat D at $11,101, and Cat E at $112,001.
Cat A (Cars up to 1600CC & 97KW) received 835 bids and saw a $7,889 increase from the previous exercise. It closed at $87,889.
Cat B (Cars above 1600CC or 97KW) saw 665 bids and increased by $5,000. It closed at $112,001.
Cat C (Goods Vehicle & Bus) received 196 bids and increased by $3,001. It closed at $59,090.
Cat D (Motorcycles) had 673 bids in total and saw a $101 increase. It closed today at $11,101.
Lastly, Cat E (Open Category) received 273 bids and saw an decrease of $999. It closed at $112,001.
Here’s a summary of the 2nd bidding exercise for August 2022:
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW | $87,889 |
$80,000 |
+ $7,889 |
$78,930 (Sep) |
| B – Car above 1600CC or 97KW | $112,001 |
$107,001 |
+ $5,000 |
$107,249 (Sep) |
| C – Goods Vehicle & Bus | $59,090 |
$56,089 |
+ $3,001 |
$55,014 (Sep) |
| D – Motorcycle | $11,101 |
$11,000 |
+ $101 |
$10,701 (Sep) |
| E – Open | $112,001 |
$113,000 |
- $999 |
- |
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