February 2022 COE Results 1st Bidding: Premiums Rise Again Across All Categories

Published by on . Updated on 11 Feb 2022
Editors%2 Fimages%2 F1644395312730 Coe Results February 1st Bidding Featured
In the 1st COE bidding exercise for February 2022, Cat A closed at $60,761, Cat B at $86,102, Cat C at $44,001 Cat D at $10,010 and Cat E at $87,000

Cat A (Cars up to 1600CC & 97KW) received 819 bids and saw a $2,863 increase from the previous exercise. It closed at $60,761

Cat B (Cars above 1600CC or 97KW) saw 865 bids and increased by $4,101. It closed at $86,102.

Cat C (Goods Vehicle & Bus) received 149 bids and increased by $1,000. It closed at $44,001

Cat D (Motorcycles) had 555 bids in total and saw an increase of $10. It closed today at $10,010.

Lastly, Cat E (Open Category) received 269 bids and saw an increase of $3,089. It closed at $87,000.

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

Category Current COE Previous COE Difference
A – Car up to 1600CC & 97KW $60,761 $57,898

B – Car above 1600CC or 97KW $86,102 $82,001

C – Goods Vehicle & Bus $44,001 $43,001
D – Motorcycle $10,010 $10,000
E – Open $87,000 $83,911

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

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