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November 2022 COE Bidding Update: Summary of Results Across Categories

November 2022 COE Bidding Update: Summary of Results Across Categories

Bid Results and Price Changes in November’s Second Exercise

The second round of COE bidding for November 2022 saw varied results across all vehicle categories, reflecting both increases and decreases in bid prices.

Category A: Covering cars up to 1600CC and 97KW, this segment received 622 bids, resulting in a $3,354 increase from the previous round. The final bid closed at $90,589.

Category B: Representing vehicles above 1600CC or 97KW, this category closed at $113,881, marking a decline of $1,507 after attracting 568 bids.

Category C: Including goods vehicles and buses, this category rose by $5,500, reaching $81,802 with 122 bids submitted.

Category D: For motorcycles, Category D closed at $12,589 with a $600 decrease and a total of 594 bids.

Category E: The Open Category closed at $114,009, reflecting a $2,568 decrease with 283 bids.

Andy Thomas
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