COE prices fall across all categories with Cat A seeing biggest drop
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PUBLISHED ONJanuary 05, 2023 9:37 AM
In the 1st COE bidding exercise for January 2023, Cat A closed at $80,000, Cat B at $102,002, Cat C at $77,301, Cat D at $10,890, and Cat E at $107,889.
Cat A (Cars up to 1600CC and 97KW) received 649 bids and saw a $8,007 decrease from the previous exercise. It closed at $80,000.
Cat B (Cars above 1600CC or 97KW) saw 487 bids and also decreased by $6,004. It closed at $102,002.
Cat C (Goods Vehicle and Bus) received 183 bids and dropped by $899. It closed at $77,301.
Cat D (Motorcycles) received 678 bids in total and saw an $800 decrease. It closed at $10,890.
Lastly, Cat E (Open Category) received 285 bids and saw a decrease of $1,711. It closed at $107,889.
Here's a summary of the second bidding exercise for December 2022:
|
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW |
$80,000 |
$88,007 |
- $8,007 |
$85,988 (Jan) |
| B – Car above 1600CC or 97KW |
$102,002 |
$108,006
|
- $6,004 |
$108,106 (Jan) |
| C – Goods Vehicle & Bus |
$77,301 |
$78,200 |
- $899 |
$75,667 (Jan) |
| D – Motorcycle |
$10,890 |
$11,690 |
- $800 |
$12,354 (Jan) |
| E – Open |
$107,889 |
$109,600 |
- $1,711 |
- |
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