In the 2nd COE bidding exercise for February 2022, Cat A closed at $63,000, Cat B at $93,590, Cat C at $46,501 Cat D at $10,589 and Cat E at $93,102.
Cat A (Cars up to 1600CC & 97KW) received 876 bids and saw a $2,239 increase from the previous exercise. It closed at $63,000
Cat B (Cars above 1600CC or 97KW) saw 939 bids and increased by $7,488. It closed at $93,590.
Cat C (Goods Vehicle & Bus) received 194 bids and increased by $2,500. It closed at $46,501
Cat D (Motorcycles) had 521 bids in total and saw an increase of $579. It closed today at $10,589.
Lastly, Cat E (Open Category) received 300 bids and saw an increase of $6,102. It closed at $93,102.
PHOTO: Motorist
Here’s a summary of the 1st bidding exercise for February 2022:
Category
Current COE
Previous COE
Difference
A – Car up to 1600CC & 97KW
$63,000
$60,761
+$2,239
B – Car above 1600CC or 97KW
$94,590
$86,102
+$7,488
C – Goods Vehicle & Bus
$46,501
$44,001
+$2,500
D – Motorcycle
$10,589
$10,010
+$579
E – Open
$93,102
$87,000
+$6,102
ALSO READ: January COE results 2nd bidding: Premiums rise across all categories
This article was first published in Motorist.
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