September 2022 COE Results 2nd Bidding: Categories A, B And E See A Drop While Categories C And D Continue Their Rise

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In the 2nd COE bidding exercise for September 2022, Cat A closed at $84,000, Cat B at $108,051, Cat C at $67,001, Cat D at $11,589, and Cat E at $107,201.

Cat A (Cars up to 1600CC & 97KW) received 759 bids and saw a $2,000 decrease from the previous exercise. It closed at $84,000.

Cat B (Cars above 1600CC or 97KW) saw 553 bids and decreased by $4,949. It closed at $108,051.

Cat C (Goods Vehicle & Bus) received 157 bids and increased by $2,012. It closed at $67,001.

Cat D (Motorcycles) had 658 bids in total and saw a $288 increase. It closed at $11,589.

Lastly, Cat E (Open Category) received 297 bids and saw a decrease of $6,098. It closed at $107,201.

Here’s a summary of the 2nd bidding exercise for September 2022:

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

$84,000

$86,000



- $2,000
$82,465 (Oct)
B – Car above 1600CC or 97KW
$108,051

$113,000


- $4,949
$109,643 (Oct)
C – Goods Vehicle & Bus
$67,001

$64,989

+ $2,012
$59,344 (Oct)
D – Motorcycle
 $11,589

 $11,301

+ $288
$11,132 (Oct)
E – Open
$107,201

$113,299

- $6,098
-

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


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