COE prices: Open category reaches new high of $114,001
In the second COE bidding exercise for July 2022, Cat A closed at $78,899, Cat B at $110,003, Cat C at $54,889, Cat D at $10,910 and Cat E at $114,001.
Cat A (Cars up to 1600CC & 97KW) received 834 bids and saw an $898 increase from the previous exercise. It closed at $78,899.
Cat B (Cars above 1600CC or 97KW) saw 702 bids and increased by $2,203. It closed at $110,003.
Cat C (Goods Vehicle & Bus) received 174 bids and increased by $888. It closed at $54,889.
Cat D (Motorcycles) had 723 bids in total and saw a $21 increase. It closed today at $10,910.
Lastly, Cat E (Open Category) received 317 bids and saw an increase of $3,477. It closed at $114,001.
Here's a summary of the second bidding exercise for July 2022:
| Category | Current COE | Previous COE | Difference | PQP |
| A – Car up to 1600CC & 97KW | $78,899 | $78,001 | + $898 | $71,565(Jul) |
| B – Car above 1600CC or 97KW | $110,003 | $107,800 | + $2,203 | $97,176(Jul) |
| C – Goods Vehicle & Bus | $54,889 | $ 54,001 | + $888 | $52,552(Jul) |
| D – Motorcycle | $10,910 | $10,889 | + $21 | $9,931(Jul) |
| E – Open | $114,001 | $110,524 | + $3,477 | - |
ALSO READ: COE prices up across all categories; Open category hits all-time high at $110,524
This article was first published in Motorist.
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