In the 1st COE bidding exercise for May 2022, Cat A closed at $70,901, Cat B at $92,090, Cat C at $50,890, Cat D at $9,489 and Cat E at $91,112.
Cat A (Cars up to 1600CC & 97KW) received 804 bids and saw a $2,202 increase from the previous exercise. It closed at $70,901.
Cat B (Cars above 1600CC or 97KW) saw 699 bids and increased by $2,088. It closed at $92,090
Cat C (Goods Vehicle & Bus) received 184 bids and decreased by $1,112. It closed at $50,890.
Cat D (Motorcycles) had 773 bids in total and saw a $312 decrease. It closed today at $9,489.
Lastly, Cat E (Open Category) received 283 bids and saw a decrease of $4,689. It closed at $91,112.
Here’s a summary of the 1st bidding exercise for May 2022:
| Category | Current COE | Previous COE | Difference | PQP |
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW | $68,699 | + $2,202 | $67,586 (May) | |
| B – Car above 1600CC or 97KW | $92,090 | $90,002 | + $2,088 | $93,644 (May) |
| C – Goods Vehicle & Bus | $50,890 | $52,002 | – $1,112 | $49,633 (May) |
| D – Motorcycle | $9,489 | $9,801 | – $312 | $10,468 (May) |
| E – Open | $91,112 | $95,801 | – $4,689 | – |
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Keyword: May 2022 COE Results 1st Bidding: Cat E Sees Further Price Drops, Slight Increases Across Some Categories