Question 1

What are the current COE prices in Singapore?

Accepted Answer

COE prices change every two weeks via a sealed-bid uniform-price auction. The live results above show the latest available COE premiums for all five categories. Category A (cars ≤1,600cc) and Category B (larger/more powerful cars) are the most watched. COE prices fluctuate based on quota supply and demand.

Question 2

How does the COE bidding system work in Singapore?

Accepted Answer

Singapore's COE system uses a sealed-bid uniform-price auction. Bidders submit their maximum bid price. All successful bidders pay the same 'cut-off premium' — the lowest winning bid. Bidding opens twice per month (typically 1st and 3rd Monday). You can bid through your car dealer or directly via your bank's internet banking.

Question 3

What is the difference between COE Category A and Category B?

Accepted Answer

Category A covers cars with engine capacity up to 1,600cc AND power output up to 130bhp. Category B covers cars that exceed either threshold — so a 1,500cc car with 131bhp would be in Cat B. Most mass-market sedans and hatchbacks are Cat A. Performance cars, large SUVs, and luxury models are Cat B. Cat B COE typically costs more than Cat A.

Question 4

Why are COE prices so high in Singapore?

Accepted Answer

Singapore uses COE to control the total vehicle population on its small road network. The government sets quarterly quotas based on scrapped vehicles and policy targets. When demand exceeds supply (which is almost always), prices rise. Singapore's affluence, lack of alternative mobility (vs. dense MRT-only cities), and COE scarcity create persistently high prices.

Question 5

When does COE expire and what happens?

Accepted Answer

A COE is valid for 10 years. When it expires, you have three options: (1) Renew for 5 or 10 years by paying the current Prevailing Quota Premium (PQP) — the 3-month moving average COE price; (2) Scrap the car and receive the PARF rebate; (3) Export the car. Many older car owners opt for 5-year renewals when PQP is lower than current COE.

Category	Vehicle Type	Notes
Cat A	Cars ≤1,600cc & ≤130bhp	Most mass-market sedans/hatchbacks
Cat B	Cars >1,600cc or >130bhp	SUVs, luxury/performance cars
Cat C	Goods vehicles & buses	Commercial use
Cat D	Motorcycles	All motorcycles
Cat E	Open category	Any vehicle; often used for Cat A/B overbid

COE Prices Singapore 2026

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