October 2022 COE Results 1st Bidding: All Categories See a Drop in Price Except For Cat D, Which Continues Its Rise
In the 1st COE bidding exercise for October 2022, Cat A closed at $80,501, Cat B at $95,856, Cat C at $65,991, Cat D at $11,751, and Cat E at $105,001.
Cat A (Cars up to 1600CC & 97KW) received 724 bids and saw a $3,499 decrease from the previous exercise. It closed at $80,501.
Cat B (Cars above 1600CC or 97KW) saw 635 bids and decreased by $12,195. It closed at $95,856.
Cat C (Goods Vehicle & Bus) received 148 bids and decreased by $1,010. It closed at $65,991.
Cat D (Motorcycles) had 624 bids in total and saw a $162 increase. It closed at $11,751.
Lastly, Cat E (Open Category) received 232 bids and saw a decrease of $2,200. It closed at $105,001.
Here’s a summary of the 1st bidding exercise for October 2022:
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW | $80,501 |
$84,000 |
- $3,499 |
$82,465 (Oct) |
| B – Car above 1600CC or 97KW | $95,856 |
$108,051 |
- $12,195 |
$109,643 (Oct) |
| C – Goods Vehicle & Bus | $65,991 |
$67,001 |
- $1,010 |
$59,344 (Oct) |
| D – Motorcycle | $11,751 |
$11,589 |
+ $162 |
$11,132 (Oct) |
| E – Open | $105,001 |
$107,201 |
- $2,200 |
- |
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