Open category COE hits record high of $152,000 as large car premiums break records
PHOTO: The Straits Times file
PUBLISHED ONOctober 04, 2023 8:57 AM
In the 1st COE bidding exercise for October 2023, Cat A closed at $104,000, Cat B at $146,002, Cat C at $85,900, Cat D at $10,856, and Cat E at $152,000.
Cat A (Cars up to 1600cc & 97kW) received 1,039 bids and decreased by $1,000. It closed at $104,000.
Cat B (Cars above 1600cc or 97kW) saw 643 bids and increased by $5,113. It closed at $146,002.
Cat C (Goods Vehicle & Bus) received 191 bids and increased by $2,099. It closed at $85,900.
Cat D (Motorcycles) received 661 bids in total with an increase of $156. It closed at $10,856.
Lastly, Cat E (Open Category) received 261 bids and saw an increase of $7,360. It closed at 152,000.
Here's a summary of the 1st COE bidding exercise for October 2023:
|
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW | $104,000 |
$105,000 |
- $1,000 |
$99,617(Oct) |
| B – Car above 1600CC or 97KW | $146,002 |
$140,889
|
$5,113 |
$128,094(Oct) |
| C – Goods Vehicle & Bus | $85,900 |
$83,801 |
$2,099 |
$82,636(Oct) |
| D – Motorcycle | $10,856 |
$10,700 |
$156 |
$10,850(Oct) |
| E – Open | $152,000 |
$144,640 |
$7,360 |
- |
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