COE May 2023 1st Bidding COE Results

 

COE paused its record-breaking moves despite a lower COE quota. COE for motorcycles dropped by more than 60% 

Cat A (Cars up to 1600cc) had 663 bids vs a quota of 474 and decreased by $2,720. It closed at $101,001

Cat B (Cars above 1600cc) had 513 bids vs a quota of 410 and decreased by $1,490. It closed at $119,299

Cat C (Goods, Vehicle and Bus) had 109 bids vs a quota of 68 and increased by $255. It closed at $75,589

Cat D (Motorcycles) had 670 bids vs a quota of 554 and decreased by $7,177. It closed at $5,002

Cat E (Open Category) had 271 bids vs a quota of 125 and decreased by $499. It closed at $124,002

Maybe it is time to switch to Motorcycle instead?