Results for the 2nd COE Bidding Exercise of October 2023 are in! All passenger car categories are up, but there’s a slight drop in the premiums for commercial vehicles.
Refer to the table below for the detailed results
| COE Category | Bids/Quota | Results | Change |
|---|---|---|---|
| A | 1,028/797 | $106,000 | + $2,000 |
| B | 623/472 | $150,001 | + $3,999 |
| C | 186/114 | $84,790 | – $1,110 |
| E | 228/138 | $158,004 | + $6,004 |
The PQP for the September/October Period is as follows:
| COE Category | PQP (Oct/Nov) |
|---|---|
| A | $99,617/$102,584 |
| B | $128,094/$138,094 |
| C | $82,636/$83,714 |
The next bidding exercise will be held from the 6th to the 8th of November 2023.
You May Be Interested In: 1st COE Bidding Results October 2023 – Prices Generally Up Across The Board
