COE Prices and Bidding Results 2024 March, 1st Bidding

Mar 24March 2024

1st Bidding

COE Prices 06/03/2024
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	$83,000	$96,010	$75,599	$9,400	$95,010
	$6,199	$990	$2,598	$489	$1,004
PQP	$79,237 (Mar)	$106,075 (Mar)	$70,171 (Mar)	$9,248 (Mar)	-
Quota	963	708	200	520	159
Bids Received	1,866	1,073	303	646	282

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

Quota Premium

$83,000

PQP

$79,237 (Mar)

$6,199

Quota

963

Bids Received

1,866

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

Quota Premium

$96,010

PQP

$106,075 (Mar)

$990

Quota

708

Bids Received

1,073

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$75,599

PQP

$70,171 (Mar)

$2,598

Quota

200

Bids Received

303

CAT D (MOTORCYCLE)

Quota Premium

$9,400

PQP

$9,248 (Mar)

$489

Quota

520

Bids Received

646

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$95,010

PQP

$1,004

Quota

159

Bids Received

282

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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

1 day ago

Kok Wee Leow

Why kill the golden goose who lay eggs ?

Like Reply

18 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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8 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.