December 2022 COE Results 1st Bidding: Premiums Drop Across All Five Categories

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In the 1st COE bidding exercise for December 2022, Cat A closed at $88,503, Cat B at $105,501, Cat C at $81,501, Cat D at $12,100, and Cat E at $110,524.

Cat A (Cars up to 1600CC & 97KW) received 616 bids and saw a $2,086 decrease from the previous exercise. It closed at $88,503.

Cat B (Cars above 1600CC or 97KW) saw 568 bids and decreased by $8,380. It closed at $105,501.

Cat C (Goods Vehicle & Bus) received 118 bids and dropped by $301. It closed at $81,501.

Cat D (Motorcycles) received 544 bids in total and saw a $489 decrease. It closed at $12,100.

Lastly, Cat E (Open Category) received 266 bids and saw a decrease of $3,485. It closed at $110,524.

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

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



- $2,086
$84,903 (Dec)
B – Car above 1600CC or 97KW


- $8,380
$109,363 (Dec)
C – Goods Vehicle & Bus


- $301
$71,048 (Dec)
D – Motorcycle


- $489 
$12,204 (Dec)
E – Open


- $3,485

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Read More: 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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