November 2022 COE Results 2nd Bidding: Categories See Mixed Results With Cat A and C Continuing Their Rise, While Cat B, D and E Drop In Price

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In the 2nd COE bidding exercise for November 2022, Cat A closed at $90,589, Cat B at $113,881, Cat C at $81,802, Cat D at $12,589, and Cat E at $114,009.

Cat A (Cars up to 1600CC & 97KW) received 622 bids and saw a $3,354 increase from the previous exercise. It closed at $90,589.

Cat B (Cars above 1600CC or 97KW) saw 568 bids and decreased by $1,507. It closed at $113,881.

Cat C (Goods Vehicle & Bus) received 122 bids and increased by $5,500. It closed at $81,802.

Cat D (Motorcycles) had 594 bids in total and saw a $600 decrease. It closed at $12,589.

Lastly, Cat E (Open Category) received 283 bids and saw a decrease of $2,568. It closed at $114,009.

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

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

 $90,589

 $87,235



+ $3,354
$84,903 (Dec)
B – Car above 1600CC or 97KW
$113,881

$115,388


- $1,507
$109,363 (Dec)
C – Goods Vehicle & Bus
$81,802

$76,302

+ $5,500
$71,048 (Dec)
D – Motorcycle
$12,589

$13,189

- $600
$12,204 (Dec)
E – Open
$114,009

$116,577

- $2,568
-

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Read More: November 2022 COE Results 1st Bidding: All Categories Continue Their Rise In Price


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