June 2023 COE Results 1st Bidding: Significant Decrease in Cat E, Increases All Round
In the 1st COE bidding exercise for June 2023, Cat A closed at $98,001, Cat B at $120,702, Cat C at $81,801, Cat D at $11,001, and Cat E at $120,889.
Cat A (Cars up to 1600CC & 97KW) received 881 bids and increased by $6,001. It closed at $98,001.
Cat B (Cars above 1600CC or 97KW) saw 719 bids and increased by $7,668. It closed at $120,702.
Cat C (Goods Vehicle & Bus) received 151 bids and increased by $4,300. It closed at $81,801.
Cat D (Motorcycles) received 972 bids in total with an increase of $399. It closed at $11,001.
Lastly, Cat E (Open Category) received 280 bids and saw a decrease of $4,111. It closed at $120,889.
Here’s a summary of the 1st bidding exercise for June 2023:
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW | $98,001 | $92,000 |
+ $6,001 |
$95,788 (June) |
| B – Car above 1600CC or 97KW | $120,702 |
$113,034 |
+ $7,668 |
$117,255 (June) |
| C – Goods Vehicle & Bus | $81,801 | $77,501 |
+ $4,300 |
$80,286 (June) |
| D – Motorcycle | $11,001 | $10,602 |
+ $399 |
$10,696 (June) |
| E – Open | $120,889 | $125,000 |
- $4,111 |
- |
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