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