January 2023 COE results second bidding: Increases in all categories except for Cat C and E
PHOTO: The Straits Times file
PUBLISHED ONJanuary 18, 2023 9:41 AM
In the 2nd COE bidding exercise for January 2023, Cat A closed at $86,000, Cat B at $105,459, Cat C at $77,109, Cat D at $11,101, and Cat E at $107,000.
Cat A (Cars up to 1600CC & 97KW) received 627 bids and saw a $6,000 increase from the previous exercise. It closed at $86,000.
Cat B (Cars above 1600CC or 97KW) saw 514 bids and also increased by $3,457. It closed at $102,002.
Cat C (Goods Vehicle & Bus) received 182 bids and dropped by $192. It closed at $77,301.
Cat D (Motorcycles) received 572 bids in total and saw an $211 increase. It closed at $11,101.
Lastly, Cat E (Open Category) received 248 bids and saw a decrease of $889. It closed at $107,889.
Here’s a summary of the 2nd bidding exercise for January 2023:
|
Category
|
Current COE
|
Previous COE
|
Difference
|
PQP
|
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW | $86,000 |
$80,000 |
$6,000
|
$86,723 (Feb) |
| B – Car above 1600CC or 97KW | $105,459 |
$102,002 |
$3,457
|
$108,373 (Feb) |
| C – Goods Vehicle & Bus | $77,109 |
$77,301 |
- $192
|
$78,703 (Feb) |
| D – Motorcycle | $11,101 |
$10,890 |
$211
|
$11,927 (Feb) |
| E – Open | $107,000 |
$107,889 |
- $889
|
- |
Thinking about upgrading your car after seeing the latest COE results? Motorist can help you sell your vehicle at the highest possible price. Simply click on the button below to receive an online car valuation today. This service is completely free, with zero obligations.
ALSO READ: COE prices fall across all categories with Cat A seeing biggest drop