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
|B – Car above 1600CC or 97KW||$77,700||$80,989
|C – Goods Vehicle & Bus||$42,200||$44,000
|D – Motorcycle||$9,689||$9,601
|E – Open||$82,501||$83,889
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