COE Prices and Bidding Results 2023 January, 2nd Bidding

Jan 23January 2023

2nd Bidding

COE Prices 18/01/2023
COE Category	CAT A Car ≤ 1600cc & 130bhp, or 110kW	CAT B Car > 1600cc & 130bhp, or 110kW	CAT C Goods vehicle & bus	CAT D Motorcycle	CAT E Open - all except motorcycle
Quota Premium	$86,000	$105,459	$77,109	$11,101	$107,000
	$6,000	$3,457	$192	$211	$889
PQP	$85,988 (Jan) $86,723 (Feb)	$108,106 (Jan) $108,373 (Feb)	$75,667 (Jan) $78,703 (Feb)	$12,354 (Jan) $11,927 (Feb)	-
Quota	459	408	78	445	149
Bids Received	627	514	182	572	248

CAT A (CARS ≤ 1600cc & 130bhp, or 110kW)

Quota Premium

$86,000

PQP

$85,988 (Jan) / $86,723 (Feb)

$6,000

Quota

459

Bids Received

627

CAT B (CARS > 1,600cc or 130bhp, or 110kW)

Quota Premium

$105,459

PQP

$108,106 (Jan) / $108,373 (Feb)

$3,457

Quota

408

Bids Received

514

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$77,109

PQP

$75,667 (Jan) / $78,703 (Feb)

$192

Quota

Bids Received

182

CAT D (MOTORCYCLE)

Quota Premium

$11,101

PQP

$12,354 (Jan) / $11,927 (Feb)

$211

Quota

445

Bids Received

572

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$107,000

PQP

$889

Quota

149

Bids Received

248

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In the first COE bidding exercise of February 2025, Cat A closed at $85,000; Cat B closed at $111,104; Cat C closed at $62,506; Cat D closed at $8,289; while Cat E closed at $110,000.

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In the second COE bidding exercise of January 2025, Cat A closed at $93,601; Cat B closed at $116,625; Cat C closed at $65,476; Cat D closed at $7,721; while Cat E closed at $115,112.

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In the first COE bidding exercise of January 2025, Cat A closed at $93,699; Cat B closed at $121,501; Cat C closed at $67,891; Cat D closed at $9,001; while Cat E closed at exactly $123,000.

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November 2024 COE Results 1st Bidding: The COE dragon lost some altitude in all the Categories, with Cat A now under $100k, Cat C under $70k, and both Categories B and E under $110k

In the first COE bidding exercise of November 2024, Cat A closed at $99,889; Cat B closed at $108,001; Cat C closed at $68,340; Cat D closed at $9,089; while Cat E closed at $109,000.

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October 2024 COE Results 2nd Bidding: The COE dragon stopped its upward trajectory and dipped a bit across all the Categories

In the second COE bidding exercise of October 2024, Cat A closed at $102,900; Cat B closed at $113,890; Cat C closed at $72,939; Cat D closed at $9,589; while Cat E closed at $114,700.

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In the first COE bidding exercise of October 2024 after a three-week break, Cat A closed at $103,799; Cat B closed at $116,002; Cat C closed at $75,009; Cat D closed at $10,001; while Cat E closed at $116,000.

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Car News 18 Sep 2024

September 2024 COE Results 2nd Bidding: The COE dragon drove fast in a dragon boat support race for F1 Singapore Grand Prix and went even higher in Categories A, B and E, with Cat A COE almost hitting $99k

In the second COE bidding exercise of September 2024, Cat A closed at $98,524; Cat B closed at $110,001; Cat C closed at $74,000; Cat D closed at $9,900; while Cat E closed at $113,104.

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September 2024 COE Results 1st Bidding: The COE dragon didn’t take a school holiday break, with quota premiums increasing across the board and Category A exceeding $96k

In the first COE bidding exercise of September 2024, Cat A closed at $96,490; Cat B closed at $106,300; Cat C closed at $74,001; Cat D closed at $9,801; while Cat E closed at $106,901.

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August 2024 COE Results 2nd Bidding: The COE dragon took a quick breather, with Categories A, B, and D all closing slightly lower

In the second COE bidding exercise of August 2024, Cat A closed at $93,900; Cat B closed at $105,889; Cat C closed at $72,400; Cat D closed at $9,310; while Cat E closed at $106,001.

Car News 7 Aug 2024

August 2024 COE Results 1st Bidding: The COE dragon’s flypast for National Day saw some fireworks, with Categories A and B shooting skyward together with open Cat E

In the first COE bidding exercise of August 2024 after a three-week break, Cat A closed at $94,289; Cat B closed at $106,101; Cat C closed at $71,100; Cat D closed at $9,601; while Cat E closed at $105,239.

Car News 24 Jul 2024

The COE quota for the three-month period of August to October 2024 will be 15,283 - which is merely 1.2% more than the May-July COE quota

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Car News 17 Jul 2024

July 2024 COE Results 2nd Bidding: The stable glide of the COE dragon continued, with Cat A’s $898 blip and Cat B’s $901 drop as the biggest price movements in this round

In the second COE bidding exercise of July 2024, Cat A closed at $91,899; Cat B closed at exactly $100,000; Cat C closed at $70,601; Cat D closed at $9,089; while Cat E closed at $100,341.

Car News 3 Jul 2024

July 2024 COE Results 1st Bidding: The COE dragon maintained its stable glide in Categories A, C and E, while Categories B and D went down by a little

In the first COE bidding exercise of July 2024, Cat A closed at $91,001; Cat B closed at $100,901; Cat C closed at $70,001; Cat D closed at $8,900; while Cat E closed at $100,889.

Car News 20 Jun 2024

June 2024 COE Results 2nd Bidding: The COE dragon cruised a little higher in Categories A and B, and dipped a bit in Categories C and E

In the second COE bidding exercise of June 2024, Cat A closed at $90,889; Cat B closed at $102,334; Cat C closed at $69,900; Cat D closed at $9,002; while Cat E closed at exactly $100,000.

Car News 5 Jun 2024

June 2024 COE Results 1st Bidding: The COE dragon dropped to a lower altitude across all categories, with Categories A and B registering the biggest drops in percentage terms 

In the first COE bidding exercise of June 2024, Cat A closed at $88,200; Cat B closed at $100,607; Cat C closed at $70,589; Cat D closed at $8,989; while Cat E closed at $101,600.

193 Comments

Lelasham

How about, deposit a fix amount. Once deadline close, the garmen set the COE price. The results of who gets is based on ballot

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6 days ago

Johnnyjoeballing

only the broke people complaining

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30 days ago

View 1 Reply

U Tin Soe

Lower income families can’t afford to buy a Car anymore. 🥲

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about 2 months ago

View 1 Reply

Melvin Cheong

Ridiculous COE issue is 1 garment won't want to address

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3 months ago

Dylan Ng

Call all go in? sardines

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3 months ago

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Glossary

Quota Premium	Price of the successful COE bid.
Change	Difference between current price of COE and the previous price.
Quota	Number of COE issued.
Bids Received	Number of bidders participating in this COE bidding round.
Prevailing Quota Premium (PQP)	Amount to be paid for COE renewal. Computed from 3-month moving average of COE prices.