In the 2nd COE bidding exercise for July 2023, Cat A closed at $95,202, Cat B at $118,001, Cat C at $82,001, Cat D at $10,501, and Cat E at $122,110.
Cat A (Cars up to 1600CC & 97KW) received 728 bids and decreased by $1,798. It closed at $95,202.
Cat B (Cars above 1600CC or 97KW) saw 602 bids and decreased by $1. It closed at $118,001.
Cat C (Goods Vehicle & Bus) received 133 bids and decreased by $222. It closed at $82,001.
Cat D (Motorcycles) received 840 bids in total with an increase of $411. It closed at $10,501.
Lastly, Cat E (Open Category) received 243 bids and saw an increase of $1,110. It closed at $122,110.
Here's a summary of the 2nd bidding exercise for July 2023:
Category |
Current COE |
Previous COE |
Difference |
PQP |
---|---|---|---|---|
A – Car up to 1600CC & 97KW | $95,202 |
$97,000 |
- $1,798 |
$96,569 (August) |
B – Car above 1600CC or 97KW | $118,001 |
$118,002
|
- $1 |
$118,357 (August) |
C – Goods Vehicle & Bus | $82,001 |
$82,223 |
- $222 |
$80,376 (August) |
D – Motorcycle | $10,501 |
$10,090 |
+ $411 |
$9,651 (August) |
E – Open | $122,110 |
$121,000 |
+ $1,110 |
- |
ALSO READ: COE prices dip across the board except for smaller cars