COE prices for motorcycles hit new record of $12,801
In the 2nd COE bidding exercise for October 2022, Cat A closed at $81,089, Cat B at $110,000, Cat C at $70,201, Cat D at $12,801, and Cat E at $108,003.
PHOTO: The Straits Times file
PUBLISHED ONOctober 19, 2022 8:35 AM
In the 2nd COE bidding exercise for October 2022, Cat A closed at $81,089, Cat B at $110,000, Cat C at $70,201, Cat D at $12,801, and Cat E at $108,003.
Cat A (Cars up to 1600CC & 97KW) received 714 bids and saw a $588 increase from the previous exercise. It closed at $80,089.
Cat B (Cars above 1600CC or 97KW) saw 848 bids and increased by $14,144 It closed at $110,000.
Cat C (Goods Vehicle & Bus) received 297 bids and increased by $4,210. It closed at $70,201.
Cat D (Motorcycles) had 632 bids in total and saw a $1,050 increase. It closed at $12,801.
Lastly, Cat E (Open Category) received 285 bids and saw a increase of $3,002. It closed at $108,003.
Here’s a summary of the 1st bidding exercise for October 2022:
|
Category
|
Current COE
|
Previous COE
|
Difference
|
PQP
|
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW |
$81,089 |
$80,501 |
+ $588
|
$83,247 (Nov) |
| B – Car above 1600CC or 97KW |
$110,000
|
$108,051 |
+ $14,144
|
$107,652 (Nov) |
| C – Goods Vehicle & Bus |
$70,201
|
$65,991 |
+ $4,210
|
$63,894 (Nov) |
| D – Motorcycle |
$12,801
|
$11,751 |
+ $1,050
|
$11,591 (Nov) |
| E – Open |
$108,003
|
$105,001 |
+ $3,002
|
- |
ALSO READ: COE quota to drop 14% for November 2022 to January 2023