Open category COE hits record high of $158,004 with most premiums up across the board
PHOTO: The Straits Times file
PUBLISHED ONOctober 18, 2023 9:03 AM
In the 2nd COE bidding exercise for October 2023, Cat A closed at $106,000, Cat B at $150,001, Cat C at $84,790, Cat D at $11,201, and Cat E at $158,004.
Cat A (Cars up to 1600cc & 97kW) received 1,028 bids for 797 COEs and increased by $2,000. It closed at $106,000.
Cat B (Cars above 1600cc or 97kW) received 623 bids for 472 COEs and increased by $3,999. It closed at $150,001.
Cat C (Goods Vehicle & Bus) received 186 bids for 114 COEs and decreased by $1,110. It closed at $84,790.
Cat D (Motorcycles) received 632 bids for 502 COEs and increased by of $345. It closed at $11,201.
Lastly, Cat E (Open Category) received 228 bids for 138 COEs and increased by $6,004. It closed at $158,004.
Here's a summary of the 2nd COE bidding exercise for October 2023:
|
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – Car up to 1600cc & 97KW | $106,000 |
$104,000 |
+ $2,000 |
$99,617(Oct) $102,584 (Nov) |
| B – Car above 1600cc or 97KW | $150,001 |
$146,002
|
+ $3,999 |
$128,094(Oct) $138,094 (Nov) |
| C – Goods Vehicle & Bus | $84,790 |
$85,900 |
- $1,110 |
$82,636(Oct) $83,714 (Nov) |
| D – Motorcycle | $11,201 |
$10,856 |
+ $345 |
$10,850(Oct) $11,094 (Nov) |
| E – Open | $158,004 |
$144,640 |
+ $6,004 |
- |
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