COE Prices and Bidding Results 2023 December, 1st Bidding

Dec 23December 2023

1st Bidding

COE Prices 06/12/2023
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	$88,020	$130,100	$71,001	$9,858	$133,388
	$3,019	$5,236	$2,888	$143	$1,614
PQP	$99,449 (Dec)	$136,187 (Dec)	$81,545 (Dec)	$10,758 (Dec)	-
Quota	928	638	193	529	145
Bids Received	1,233	933	346	731	287

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

Quota Premium

$88,020

PQP

$99,449 (Dec)

$3,019

Quota

928

Bids Received

1,233

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

Quota Premium

$130,100

PQP

$136,187 (Dec)

$5,236

Quota

638

Bids Received

933

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$71,001

PQP

$81,545 (Dec)

$2,888

Quota

193

Bids Received

346

CAT D (MOTORCYCLE)

Quota Premium

$9,858

PQP

$10,758 (Dec)

$143

Quota

529

Bids Received

731

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$133,388

PQP

$1,614

Quota

145

Bids Received

287

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In the first COE bidding exercise of May 2025, Cat A closed at $103,009; Cat B closed at $119,890; Cat C closed at $62,590; Cat D closed at $8,709; while Cat E closed at $118,889.

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April 2025 COE Results 1st Bidding: The COE snake mostly crept up after its three-week break, with Category A hitting its highest point so far this year

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198 Comments

Steven Tan

Singaporean still very rich, spoiled the market.

Like Reply

2 days ago

Ks Lim

I am sure there is a lot of good ideas, some seems very workable, but our Gov need all these easy money to pay CDC GST vouchers, build more highways, more viaducts and now more salaries (you know what I am saying). So, those still want to own these expensive cars, just suck it up and pay the bill Period.

Like Reply

about 1 month ago

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

about 2 months ago

Kok Wee Leow

Why kill the golden goose who lay eggs ?

Like Reply

2 months ago

Jim Chia

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

Like Reply

6 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.