COE prices up across all categories; Open category hits all-time high at $110,524
In the 1sts COE bidding exercise for July 2022, Cat A closed at $78,001, Cat B at $107,800, Cat C at $54,001, Cat D at $10,889 and Cat E at $110,524.
Cat A (Cars up to 1600CC & 97KW) received 900 bids and saw a $3,012 increase from the previous exercise. It closed at $78,001.
Cat B (Cars above 1600CC or 97KW) saw 695 bids and increased by $1,799. It closed at $107,800.
Cat C (Goods Vehicle & Bus) received 160 bids and increased by $990. It closed at $54,001.
Cat D (Motorcycles) had 768 bids in total and saw a $587 increase. It closed today at $10,889.
Lastly, Cat E (Open Category) received 340 bids and saw an increase of $6,124. It closed at $110,524.
Here’s a summary of the 1st bidding exercise for July 2022:
| Category | Current COE | Previous COE | Difference | PQP |
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW |
$78,001 |
$74,989
|
+ $3,012 | $71,565(Jul) |
| B – Car above 1600CC or 97KW | $107,800 | $106,001 | + $1,799 | $97,176(Jul) |
| C – Goods Vehicle & Bus | $54,001 | $53,011 | + $990 | $52,552(Jul) |
| D – Motorcycle | $10,889 | $10,302 | + $587 | $9,931(Jul) |
| E – Open | $110,524 | $104,400 | + $6,124 | - |
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This article was first published Motorist.
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