October 2022 COE Results 1st Bidding: All Categories See a Drop in Price Except For Cat D, Which Continues Its Rise

Published by on . Updated on 10 Oct 2022

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In the 1st COE bidding exercise for October 2022, Cat A closed at $80,501, Cat B at $95,856, Cat C at $65,991, Cat D at $11,751, and Cat E at $105,001.

Cat A (Cars up to 1600CC & 97KW) received 724 bids and saw a $3,499 decrease from the previous exercise. It closed at $80,501.

Cat B (Cars above 1600CC or 97KW) saw 635 bids and decreased by $12,195. It closed at $95,856.

Cat C (Goods Vehicle & Bus) received 148 bids and decreased by $1,010. It closed at $65,991.

Cat D (Motorcycles) had 624 bids in total and saw a $162 increase. It closed at $11,751.

Lastly, Cat E (Open Category) received 232 bids and saw a decrease of $2,200. It closed at $105,001.

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

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

 $80,501

$84,000



- $3,499
$82,465 (Oct)
B – Car above 1600CC or 97KW
$95,856

$108,051


- $12,195
$109,643 (Oct)
C – Goods Vehicle & Bus
$65,991

$67,001

- $1,010
$59,344 (Oct)
D – Motorcycle
$11,751

 $11,589

+ $162
$11,132 (Oct)
E – Open
$105,001

$107,201

- $2,200
-

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Read More: 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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