February 2023 COE Results 2nd Bidding: Significant Increases Across the Board Except Cat A
In the 2nd COE bidding exercise for February 2023, Cat A closed at $86,556 , Cat B at $115,001, Cat C at $87,790, Cat D at $12,189, and Cat E at $118,001.
Cat A (Cars up to 1600CC & 97KW) received 702 bids and and increased by $556. It closed at $86,556.
Cat B (Cars above 1600CC or 97KW) saw 768 bids and increased by $9,477. It closed at $115,001.
Cat C (Goods Vehicle & Bus) received 136 bids and increased by $2,671. It closed at $87,790.
Cat D (Motorcycles) received 611 bids in total and saw an increase of $587. It closed at $12,189.
Lastly, Cat E (Open Category) received 274 bids and saw a decrease of $12,999. It closed at $118,001.
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 | $86,556 |
$86,000 |
+ $556 |
$85,845 (Mar) |
| B – Car above 1600CC or 97KW | $115,001 |
$105,459 |
+ $9,477 |
$106,916 (Mar) |
| C – Goods Vehicle & Bus | $87,790 |
$85,119 |
+ $2,671 |
$81,170 (Mar) |
| D – Motorcycle | $12,189 |
$11,101 |
+ $567 |
$11,596 (Mar) |
| E – Open | $118,001 |
$107,000 |
+ $12,999 |
- |
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Read More: February 2023 COE Results 1st Bidding: More Expensive COE Premiums in Feb Except for Cat A and E
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