February 2023 COE Results 1st Bidding: More Expensive COE Premiums in Feb Except for Cat A and E
In the 1st COE bidding exercise for February 2023, Cat A closed at $86,000, Cat B at $105,524, Cat C at $85,119, Cat D at $11,602, and Cat E at $105,002.
Cat A (Cars up to 1600CC & 97KW) received 663 bids and saw no price changes from the previous exercise. It closed at $86,000.
Cat B (Cars above 1600CC or 97KW) saw 580 bids and increased by $65. It closed at $105,524.
Cat C (Goods Vehicle & Bus) received 108 bids and increased by $8,010. It closed at $85,119.
Cat D (Motorcycles) received 594 bids in total and saw an increase of $501. It closed at $11,602.
Lastly, Cat E (Open Category) received 229 bids and saw a decrease of $1,998. It closed at $105,002.
Here’s a summary of the 1st bidding exercise for February 2023:
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW | $86,000 |
$86,000 |
$0 |
$86,723 (Feb) |
| B – Car above 1600CC or 97KW | $105,524 |
$105,459 |
$65 |
$108,373 (Feb) |
| C – Goods Vehicle & Bus | $85,119 | $77,109 |
$8,010 |
$78,703 (Feb) |
| D – Motorcycle | $11,602 | $11,101 |
$501 |
$11,927 (Feb) |
| E – Open | $105,002 | $107,000 |
$1,998 |
- |
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Read More: January 2023 COE Results 2nd Bidding: Increases in all Categories Except for Cat C and E
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