January COE Results 2nd Bidding: Premiums Rise Across All Categories

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Editors%2 Fimages%2 F1642579359393 Motorist Coe Results January 2022 2nd Bidding Featured
In the 2nd COE bidding exercise for January, Cat A closed at $57,898, Cat B at $82,001, Cat C at $43,001, Cat D at $10,000 and Cat E at $83,911.

Cat A (Cars up to 1600CC & 97KW) received 711 bids and saw a $299 increase from the previous exercise. It closed at $57,898.

Cat B (Cars above 1600CC or 97KW) saw 907 bids and saw an increase of $4,301. It closed at $82,001.

Cat C (Goods Vehicle & Bus) received 149 bids and increased by $801. It closed at $43,001.

Cat D (Motorcycles) had 416 bids in total and saw an increase of $311. It closed today at $10,000.

Lastly, Cat E (Open Category) received 226 bids and saw an increase of $1,410. It closed at $83,911.

Here’s a summary of the 2nd bidding exercise for December 2021:

Category Current COE Previous COE Difference
A – Car up to 1600CC & 97KW $57,898 $57,599

B – Car above 1600CC or 97KW $82,001 $77,700

C – Goods Vehicle & Bus $43,001 $42,200
D – Motorcycle $10,000 $9,689
E – Open $83,911 $82,501

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

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