September 2022 COE Results 1st Bidding: All Categories Increase In Premiums Except For Category A
In the 1st COE bidding exercise for September 2022, Cat A closed at $86,000, Cat B at $113,000, Cat C at $64,989, Cat D at $11,301, and Cat E at $113,299.
Cat A (Cars up to 1600CC & 97KW) received 723 bids and saw a $1,889 decrease from the previous exercise. It closed at $86,000.
Cat B (Cars above 1600CC or 97KW) saw 627 bids and increased by $999. It closed at $113,000.
Cat C (Goods Vehicle & Bus) received 179 bids and increased by $5,899. It closed at $64,989.
Cat D (Motorcycles) had 588 bids in total and saw a $200 increase. It closed at $11,301.
Lastly, Cat E (Open Category) received 260 bids and saw an increase of $1,298. It closed at $113,299.
Here’s a summary of the 1st bidding exercise for September 2022:
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW | $86,000 |
$87,889 |
- $1,889 |
$78,930 (Sep) |
| B – Car above 1600CC or 97KW | $113,000 |
$112,001 |
+ $999 |
$107,249 (Sep) |
| C – Goods Vehicle & Bus | $64,989 |
$59,090 |
+ $5,889 |
$55,014 (Sep) |
| D – Motorcycle | $11,301 |
$11,101 |
+ $200 |
$10,701 (Sep) |
| E – Open | $113,299 |
$112,001 |
- $1,298 |
- |
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