September 2022 COE Results 1st Bidding: All Categories Increase In Premiums Except For Category A

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In the 1st COE bidding exercise for September 2022, Cat A closed at $86,000, Cat B at $113,000, Cat C at $64,989, Cat D at $11,301, and Cat E at $113,299.

Cat A (Cars up to 1600CC & 97KW) received 723 bids and saw a $1,889 decrease from the previous exercise. It closed at $86,000.

Cat B (Cars above 1600CC or 97KW) saw 627 bids and increased by $999. It closed at $113,000.

Cat C (Goods Vehicle & Bus) received 179 bids and increased by $5,899. It closed at $64,989.

Cat D (Motorcycles) had 588 bids in total and saw a $200 increase. It closed at $11,301.

Lastly, Cat E (Open Category) received 260 bids and saw an increase of $1,298. It closed at $113,299.

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

Category
Current COE
Previous COE
Difference
PQP
A – Car up to 1600CC & 97KW

$86,000

$87,889



- $1,889
$78,930 (Sep)
B – Car above 1600CC or 97KW
$113,000

$112,001


+ $999
$107,249 (Sep)
C – Goods Vehicle & Bus
$64,989

$59,090

+ $5,889
$55,014 (Sep)
D – Motorcycle
 $11,301

$11,101

+ $200
$10,701 (Sep)
E – Open
$113,299

$112,001

- $1,298
-

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Read More: August 2022 COE Results 2nd Bidding: Increase In Premiums Across All Categories Except For Category E


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