COE Prices and Bidding Results 2023 November, 1st Bidding

Nov 23November 2023

1st Bidding

COE Prices 08/11/2023
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	$95,689	$110,001	$78,001	$10,889	$125,011
	$10,311	$40,000	$6,789	$312	$32,993
PQP	$102,584 (Nov)	$138,094 (Nov)	$83,714 (Nov)	$11,094 (Nov)	-
Quota	924	636	190	520	141
Bids Received	1,165	830	281	630	227

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

Quota Premium

$95,689

PQP

$102,584 (Nov)

$10,311

Quota

924

Bids Received

1,165

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

Quota Premium

$110,001

PQP

$138,094 (Nov)

$40,000

Quota

636

Bids Received

830

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$78,001

PQP

$83,714 (Nov)

$6,789

Quota

190

Bids Received

281

CAT D (MOTORCYCLE)

Quota Premium

$10,889

PQP

$11,094 (Nov)

$312

Quota

520

Bids Received

630

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$125,011

PQP

$32,993

Quota

141

Bids Received

227

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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

7 days ago

Kok Wee Leow

Why kill the golden goose who lay eggs ?

Like Reply

24 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.