COE prices fall across all categories except for Cat B
PHOTO: The Straits Times file
PUBLISHED ONDecember 21, 2022 8:49 AM
In the 2nd COE bidding exercise for December 2022, Cat A closed at $88,007, Cat B at $108,006, Cat C at $78,200, Cat D at $11,690, and Cat E at $109,600.
Cat A (Cars up to 1600CC & 97KW) received 618 bids and saw a $496 decrease from the previous exercise. It closed at $88,007.
Cat B (Cars above 1600CC or 97KW) saw 564 bids and increased by $2,505. It closed at $108,006.
Cat C (Goods Vehicle & Bus) received 147 bids and dropped by $3,301. It closed at $78,200.
Cat D (Motorcycles) received 647 bids in total and saw a $410 decrease. It closed at $11,690.
Lastly, Cat E (Open Category) received 273 bids and saw a decrease of $924. It closed at $109,600.
Here’s a summary of the 2nd bidding exercise for December 2022:
|
Category
|
Current COE
|
Previous COE
|
Difference
|
PQP
|
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW |
$88,007 |
$88,503 |
- $496
|
$85,988 (Jan) |
| B – Car above 1600CC or 97KW |
$108,006
|
$105,501 |
$2,505
|
$108,106 (Jan) |
| C – Goods Vehicle & Bus |
$78,200
|
$81,501 |
- $3,301
|
$75,667 (Jan) |
| D – Motorcycle |
$11,690
|
$12,100 |
- $410
|
$12,354 (Jan) |
| E – Open |
$109,600
|
$110,524 |
- $924
|
- |