June 2023 COE Results 1st Bidding: Significant Decrease in Cat E, Increases All Round

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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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Read More: May 2023 COE Results 2nd Bidding: Significant Decrease in Cat A & B, Significant Increase in Cat D, Slight Increase in Cat C & E


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