February COE results 2nd bidding: Premiums rise across all categories again

February COE results 2nd bidding: Premiums rise across all categories again

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:

 

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