COE price breaks $130k with most categories increasing
PHOTO: The Straits Times file
PUBLISHED ONAugust 23, 2023 9:06 AM
In the 2nd COE bidding exercise for August 2023, Cat A closed at $100,000, Cat B at $129,890, Cat C at $82,801, Cat D at $11,402 , and Cat E at $131,000.
Cat A (Cars up to 1600CC & 97KW) received 908 bids and increased by $501. It closed at $100,000.
Cat B (Cars above 1600CC or 97KW) saw 731 bids and increased by $3,001. It closed at $129,890.
Cat C (Goods Vehicle & Bus) received 180 bids and increased by $701. It closed at $82,801.
Cat D (Motorcycles) received 654 bids in total with an decrease of $99. It closed at $11,402 .
Lastly, Cat E (Open Category) received 237 bids and saw an increase of $4,799. It closed at $131,000.
Here's a summary of the 2nd bidding exercise for August 2023:
|
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW | $100,000 |
$99,499 |
+ $501 |
$96,569(Aug) $97,652(Sep) |
| B – Car above 1600CC or 97KW | $129,890 |
$126,889
|
+ $3,001 |
$118,357(Aug) $122,414(Sep) |
| C – Goods Vehicle & Bus | $82,801 |
$82,100 |
+ $701 |
$80,376(Aug) $82,345(Sep) |
| D – Motorcycle | $11,402 |
$11,501 |
- $99 |
$9,651(Aug) $10,868(Sep) |
| E – Open | $131,000 |
$126,201 |
+ $4,799 |
- |