January 2022 COE Results 1st Bidding: Premiums Close Lower Except for Bikes

Published by on . Updated on 10 Jan 2022

Editors%2 Fimages%2 F1641372169547 Motorist Coe Results January 2022 Featured

In the 1st COE bidding exercise for January 2022, Cat A closed at $57,599, Cat B at $77,700, Cat C at $42,200, Cat D at $9,689 and Cat E at $82,501

Cat A (Cars up to 1600CC & 97KW) received 760 bids and saw a $1,202 decrease from the previous exercise. It closed at $57,599

Cat B (Cars above 1600CC or 97KW) saw 712 bids and decreased by $3,289. It closed at $77,700.

Cat C (Goods Vehicle & Bus) received 198 bids and decreased by $1,800. It closed at $42,200.

Cat D (Motorcycles) had 573 bids in total and saw an increase of $88. It closed today at $9,689.

Lastly, Cat E (Open Category) received 149 bids and saw a decrease of $1,388. It closed at $82,501.

Here’s a summary of the 1st bidding exercise for January 2022:

Category Current COE Previous COE Difference
A – Car up to 1600CC & 97KW $57,599 $58,801

- $1,202
B – Car above 1600CC or 97KW $77,700 $80,989

- $3,289
C – Goods Vehicle & Bus $42,200 $44,000
+ $1,800
D – Motorcycle $9,689 $9,601
+ $88
E – Open $82,501 $83,889
- $1,388

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Here are some other resources that might be of interest:

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Read More: December 2021 COE Results 2nd Bidding: Premiums Close Mostly Higher

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