COE prices fall across all categories except Cat C
COE for cars up to 1,600cc and 130bhp rose by 8.7 per cent to $68,501, from $63,000 at the previous tender.
PHOTO: The Straits Times
PUBLISHED ONMay 04, 2023 9:08 AM
In the 1st COE bidding exercise for May 2023, Cat A closed at $101,001, Cat B at $119,399, Cat C at $75,589, Cat D at $5,002, and Cat E at $124,002.
Cat A (Cars up to 1600CC & 97KW) received 663 bids and and decreased by $2,720. It closed at $101,001.
Cat B (Cars above 1600CC or 97KW) saw 513 bids and decreased by $1,490. It closed at $119,399.
Cat C (Goods Vehicle & Bus) received 109 bids and increased by $255. It closed at $75,589.
Cat D (Motorcycles) received 670 bids in total with an decrease of $7,177. It closed at $5,002.
Lastly, Cat E (Open Category) received 271 bids and saw an decrease of $499. It closed at $124,002.
Here's a summary of the 2nd bidding exercise for April 2023:
| A – Car up to 1600CC & 97KW | $101,001 |
$103,721 |
- $2,720
|
$92,381 (May) |
| B – Car above 1600CC or 97KW | $119,399 |
$120,899 |
- $1,490
|
$115,270 (May) |
| C – Goods Vehicle & Bus | $75,589 |
$75,334 |
+ $255
|
$83,589 (May) |
| D – Motorcycle | $5,002 |
$12,179 |
- $7,177
|
$12,061 (May) |
| E – Open | $124,002 |
$124,501 |
- $ 499
|
$5,511 (May) |