January 2023 COE Results 2nd Bidding: Increases in all Categories Except for Cat C and E

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In the 2nd COE bidding exercise for January 2023, Cat A closed at $86,000, Cat B at $105,459, Cat C at $77,109, Cat D at $11,101, and Cat E at $107,000.

Cat A (Cars up to 1600CC & 97KW) received 627 bids and saw a $6,000 increase from the previous exercise. It closed at $86,000.

Cat B (Cars above 1600CC or 97KW) saw 514 bids and also increased by $3,457. It closed at $102,002.

Cat C (Goods Vehicle & Bus) received 182 bids and dropped by $192. It closed at $77,301.

Cat D (Motorcycles) received 572 bids in total and saw an $211 increase. It closed at $11,101.

Lastly, Cat E (Open Category) received 248 bids and saw a decrease of $889. It closed at $107,889.

Here’s a summary of the 2nd bidding exercise for January 2023:

Current COE
Previous COE
A – Car up to 1600CC & 97KW $86,000


B – Car above 1600CC or 97KW $105,459


C – Goods Vehicle & Bus $77,109


- $192
D – Motorcycle $11,101


E – Open $107,000


- $889

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