COE Prices and Bidding Results 2023 March, 1st Bidding

Mar 23March 2023

1st Bidding

COE Prices 08/03/2023
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	$88,000	$115,501	$91,101	$12,390	$116,000
	$1,444	$500	$3,311	$201	$2,001
PQP	$85,845 (Mar)	$106,916 (Mar)	$81,170 (Mar)	$11,596 (Mar)	-
Quota	517	431	43	467	132
Bids Received	665	629	65	566	254

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

Quota Premium

$88,000

PQP

$85,845 (Mar)

$1,444

Quota

517

Bids Received

665

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

Quota Premium

$115,501

PQP

$106,916 (Mar)

$500

Quota

431

Bids Received

629

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$91,101

PQP

$81,170 (Mar)

$3,311

Quota

Bids Received

CAT D (MOTORCYCLE)

Quota Premium

$12,390

PQP

$11,596 (Mar)

$201

Quota

467

Bids Received

566

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$116,000

PQP

$2,001

Quota

132

Bids Received

254

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196 Comments

Kuldip

Neighborhood businesses that need vehicles are being priced out by COE and fuel costs. I know first hand of food stallholders who shut down because of the increased costs. I believe other businesses and caregivers also affected and hollow out neighbourhood support shops. It is parliament and not citizens job to sort this out.⁰⁰⁰

Like Reply

10 days ago

Kok Wee Leow

Why kill the golden goose who lay eggs ?

Like Reply

27 days ago

Jim Chia

COE system no need to tweak churning SGD unless there are a shortchanged like bhp.

Like Reply

4 months ago

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

Like Reply

8 months ago

Johnnyjoeballing

only the broke people complaining

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9 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.