COE prices rise across all categories except for category E
PHOTO: Motorist
PUBLISHED ONAugust 14, 2022 9:16 PM
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
|
- |