COE prices rise across all categories, with premiums crossing $100k mark for second tender in a row
PHOTO: The Straits Times file
PUBLISHED ONJune 22, 2022 9:15 AM
In the 2nd COE bidding exercise for June 2022, Cat A closed at $74,989, Cat B at $106,001, Cat C at $53,011, Cat D at $10,302 and Cat E at $104,400.
Cat A (Cars up to 1600CC & 97KW) received 850 bids and saw a $1,188 increase from the previous exercise. It closed at $74,989.
Cat B (Cars above 1600CC or 97KW) saw 822 bids and increased by $5,317. It closed at $106,001.
Cat C (Goods Vehicle & Bus) received 224 bids and increased by $9. It closed at $53,001.
Cat D (Motorcycles) had 717 bids in total and saw a $302 increase. It closed today at $10,302.
Lastly, Cat E (Open Category) received 276 bids and saw an increase of $3,703. It closed at $104,400.
Here’s a summary of the 2nd bidding exercise for June 2022:
|
Category
|
Current COE
|
Previous COE
|
Difference
|
PQP
|
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW |
$74,989 |
$73,801
|
+ $1,188
|
$70,109(Jun) |
| B – Car above 1600CC or 97KW |
$106,001
|
$100,684
|
+ $5,317
|
$95,025(Jun) |
| C – Goods Vehicle & Bus |
$53,011
|
$53,002
|
+ $9
|
$51,615(Jun) |
| D – Motorcycle |
$10,302
|
$10,000
|
+ $302
|
$10,198(Jun) |
| E – Open |
$104,400
|
$100,697
|
+ $3,703
|
- |
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This article was first published in Motorist.