January 2023 COE Results 2nd Bidding: Increases in all Categories Except for Cat C and E
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 |
- |
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