July 2023 COE Results 1st Bidding: Slight Increase in Cat A, Slight Decrease in Cat B, C, D, and E

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In the 1st COE bidding exercise for July 2023, Cat A closed at $97,000, Cat B at $118,002, Cat C at $82,223, Cat D at $10,090, and Cat E at $121,000.

Cat A (Cars up to 1600CC & 97KW) received 756 bids and increased by $794. It closed at $97,000.

Cat B (Cars above 1600CC or 97KW) saw 594 bids and decreased by $2,998. It closed at $118,002.

Cat C (Goods Vehicle & Bus) received 147 bids and decreased by $917. It closed at $82,223.

Cat D (Motorcycles) received 846 bids in total with a decrease of $619. It closed at $10,090.

Lastly, Cat E (Open Category) received 217 bids and saw a decrease of $2,000. It closed at $121,000.

Here’s a summary of the 1st bidding exercise for July 2023:

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

$96,206

+ $794 
$97,905
(July)
B – Car above 1600CC or 97KW $118,002

$121,000


- $2,998 
$118,921
(July)
C – Goods Vehicle & Bus $82,223

$83,140

- $917 
$78,361
(July)
D – Motorcycle $10,090

$10,709

- $619 
$10,249
(July)
E – Open $121,000

$123,000

- $2,000 
-

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


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