December 2022 COE Results 1st Bidding: Premiums Drop Across All Five Categories
In the 1st COE bidding exercise for December 2022, Cat A closed at $88,503, Cat B at $105,501, Cat C at $81,501, Cat D at $12,100, and Cat E at $110,524.
Cat A (Cars up to 1600CC & 97KW) received 616 bids and saw a $2,086 decrease from the previous exercise. It closed at $88,503.
Cat B (Cars above 1600CC or 97KW) saw 568 bids and decreased by $8,380. It closed at $105,501.
Cat C (Goods Vehicle & Bus) received 118 bids and dropped by $301. It closed at $81,501.
Cat D (Motorcycles) received 544 bids in total and saw a $489 decrease. It closed at $12,100.
Lastly, Cat E (Open Category) received 266 bids and saw a decrease of $3,485. It closed at $110,524.
Here’s a summary of the 1st bidding exercise for December 2022:
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW | $88,503 |
$90,589 |
- $2,086 |
$84,903 (Dec) |
| B – Car above 1600CC or 97KW | $105,501 |
$113,881 |
- $8,380 |
$109,363 (Dec) |
| C – Goods Vehicle & Bus | $81,501 |
$81,802 |
- $301 |
$71,048 (Dec) |
| D – Motorcycle | $12,100 |
$12,589 |
- $489 |
$12,204 (Dec) |
| E – Open | $110,524 |
$114,009 |
- $3,485 |
- |
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