September 2022 COE Bidding Extravaganza
Picture the auction floor buzzing like a catnip factory: the second COE bidding exercise was in full swing, and the numbers spoke louder than any meow. Below are the scores that determined who walked away with a pat on the head (or a big purse).
Round‑by‑Round Results
- Cat A: $84,000 – a solid, kitty‑friendly amount that didn’t leave anyone in the dust.
- Cat B: $108,051 – the top spot, absolutely purr‑fect for those looking to roll in the high‑roll money.
- Cat C: $67,001 – a respectable score, but it left some whiskers twitching for more.
- Cat D: $11,589 – an underdog that surprised onlookers with a modest, but still significant, win.
- Cat E: $107,201 – another crowd‑pleaser, just shy of Cat B’s record but still keeping jaws dropping.
Why It Matters
These figures aren’t just numbers; they’re the pulse of the market, the sign that the competition is fierce, and the proof that every bid matters. With Cat B and Cat E close in the high‑income bracket, they left everyone wondering if the next round will be even hotter.
Takeaway
In the world of COE bidding, the stakes are as high as a cat perched on a rooftop. The September 2022 results remind us that each round is a new chapter in the drama of market dynamics—so keep your claws ready and your bids sharper!
September 2022 COE Bidding Wrap‑Up: What the Numbers Are Saying
Last month’s COE (Certificate of Entitlement) auction delivered some surprises. Let’s break it down category by category—no jargon, just plain old red‑and‑green shuffling of numbers.
Category A – Cars up to 1600 cc & 97 KW
- Bids: 759 files of interest
- Trend: Down by $2,000 from last round
- Final price: $84,000
Category B – Cars over 1600 cc or 97 KW
- Bids: 553 competitive offers
- Trend: Fell by $4,949
- Final price: $108,051
Category C – Goods Vehicle & Bus
- Bids: 157 votes for heavier loads
- Trend: Up by $2,012—a small win, but a win nonetheless
- Final price: $67,001
Category D – Motorcycles
- Bids: 658 two‑wheelers in the mix
- Trend: Slight climb of $288
- Final price: $11,589
Category E – Open (Anything else)
- Bids: 297 spread across the board
- Trend: Down by $6,098
- Final price: $107,201
Quick snapshot of the numbers
| Category | Current COE | Previous COE | Change | Upcoming drop‑to‑price (Oct) |
|---|---|---|---|---|
| A – Car up to 1600 cc | $84,000 | $86,000 | -$2,000 | $82,465 |
| B – Car over 1600 cc | $108,051 | $113,000 | -$4,949 | $109,643 |
| C – Goods vehicle & bus | $67,001 | $64,989 | +$2,012 | $59,344 |
| D – Motorcycle | $11,589 | $11,301 | +$288 | $11,132 |
| E – Open | $107,201 | $113,299 | -$6,098 | — |
Bottom line: A few categories saw a dip, a couple edged up, but the overall mood was fairly stable. If you’re eyeing a new vehicle or looking to tap into the market, September’s numbers give you a solid baseline for the upcoming October bouts.
<a href="https://www.motors.com/COEanalysisAug22″>Also read: COE analysis (August 2022 first round) – a quick nod down that can shift the entire game.
— from your favourite source, Motorist (earlier titled COELTA – Land Transport Authority).
