COE prices hit new highs as premium for Open category soars to $137k, bigger cars reaches over $130k
PHOTO: The Straits Times file
PUBLISHED ONSeptember 06, 2023 9:10 AM
In the 1st COE bidding exercise for September 2023, Cat A closed at $101,000, Cat B at $134,889, Cat C at $82,889, Cat D at $10,901, and Cat E at $137,000.
Cat A (Cars up to 1600CC & 97KW) received 840 bids and increased by $1,000. It closed at $101,000.
Cat B (Cars above 1600CC or 97KW) saw 723 bids and increased by $. It closed at $134,889.
Cat C (Goods Vehicle & Bus) received 182 bids and increased by $88. It closed at $82,889.
Cat D (Motorcycles) received 758 bids in total with an decrease of $501. It closed at $10,901.
Lastly, Cat E (Open Category) received 219 bids and saw an increase of $6,000. It closed at $137,000.
Here's a summary of the 1st bidding exercise for September 2023:
|
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW | $101,000 |
$100,000 |
+ $1,000 |
$97,652 (Sep) |
| B – Car above 1600CC or 97KW | $134,889 |
$129,890
|
+ $4,999 |
$122,414 (Sep) |
| C – Goods Vehicle & Bus | $82,889 |
$82,801 |
+ $88 |
$82,345 (Sep) |
| D – Motorcycle | $10,901 |
$11,402 |
- $501 |
$10,868 (Sep) |
| E – Open | $137,000 |
$131,000 |
+ $6,000 |
- |
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