August 2023 COE results first bidding: Record-high prices in Cat B and Open category, premiums up across the board
PHOTO: The Straits Times
PUBLISHED ONAugust 10, 2023 9:13 AM
In the 1st COE bidding exercise for August 2023, Cat A closed at $99,499, Cat B at $126,889, Cat C at $82,100, Cat D at $11,501, and Cat E at $126,201.
Cat A (Cars up to 1600CC & 97KW) received 949 bids and increased by $4,297. It closed at $99,499.
Cat B (Cars above 1600CC or 97KW) saw 853 bids and increased by $8,888. It closed at $126,889.
Cat C (Goods Vehicle & Bus) received 222 bids and increased by $99. It closed at $82,100.
Cat D (Motorcycles) received 759 bids in total with an increase of $1,000. It closed at $11,501.
Lastly, Cat E (Open Category) received 237 bids and saw an increase of $4,091. It closed at $126,201.
Here's a summary of the 1st bidding exercise for August 2023:
|
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW | $99,499 |
$95,202 |
+ $4,297 |
$96,569 (August) |
| B – Car above 1600CC or 97KW | $126,889 |
$118,001 |
+ $8,888 |
$118,357 (August) |
| C – Goods Vehicle & Bus | $82,100 |
$82,001 |
+ $99 |
$80,376 (August) |
| D – Motorcycle | $11,501 |
$10,501 |
+ $1,000 |
$9,651 (August) |
| E – Open | $126,201 |
$122,110 |
+ $4,091 |
- |
ALSO READ: Slight fall in COE prices for Category A, B and C, while others rise