October 2023 COE Results 1st Bidding: Premiums Continue to Rise Except for Cat A

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In the 1st COE bidding exercise for October 2023, Cat A closed at $104,000, Cat B at $146,002, Cat C at $85,900, Cat D at $10,856, and Cat E at $152,000.

Cat A (Cars up to 1600cc & 97kW) received 1,039 bids and decreased by $1,000. It closed at $104,000.

Cat B (Cars above 1600cc or 97kW) saw 643 bids and increased by $5,113. It closed at $146,002.

Cat C (Goods Vehicle & Bus) received 191 bids and increased by $2,099. It closed at $85,900.

Cat D (Motorcycles) received 661 bids in total with an increase of $156. It closed at $10,856.

Lastly, Cat E (Open Category) received 261 bids and saw an increase of $7,360. It closed at 152,000.

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

Current COE
Previous COE
A – Car up to 1600CC & 97KW $104,000


- $1,000
B – Car above 1600CC or 97KW $146,002


C – Goods Vehicle & Bus $85,900


D – Motorcycle $10,856


E – Open $152,000



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Read More: September 2023 COE Results 2nd Bidding: Significant Increases in all Categories Except for Motorcycles

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1 Comment

Ricky Chee
Isnt Sgp becoming more wonderful now...with cars turning from depreciating asset....becoming almost appreciating asset...with the ever rising COE?

2 months ago