April 2023 COE Results 1st Bidding: Cat C Premiums Drop While Others Rise, Cat D Sees No Changes
In the 1st COE bidding exercise for April 2023, Cat A closed at $96,501, Cat B at $118,501, Cat C at $76,801, Cat D at $12,001, and Cat E at $118,990.
Cat A (Cars up to 1600CC & 97KW) received 749 bids and and increased by $2,998. It closed at $96,501.
Cat B (Cars above 1600CC or 97KW) saw 566 bids and increased by $2,300. It closed at $118,501.
Cat C (Goods Vehicle & Bus) received 103 bids and decreased by $8,588. It closed at $76,801.
Cat D (Motorcycles) received 529 bids in total with no changes. It closed at $12,001.
Lastly, Cat E (Open Category) received 252 bids and saw an increase of $2,970. It closed at $118,990.
Here’s a summary of the 1st bidding exercise for April 2023:
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW | $96,501 |
$93,503 |
+ $x2,998 |
$86,677 (Apr) |
| B – Car above 1600CC or 97KW | $118,501 |
$116,201 |
+ $2,300 |
$109,948 (Apr) |
| C – Goods Vehicle & Bus | $76,801 | $85,389 |
- $8,588 |
$83,969 (Apr) |
| D – Motorcycle | $12,001 |
$12,001 |
$0 |
$11,696 (Apr) |
| E – Open | $118,990 |
$116,020 |
+ $2,970 |
- |
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