In the second round of bidding for March, Certificate of Entitlement (COE) prices rose across all categories.

The launch of the BMW 2 Series Active Tourer, a popular nameplate here in Singapore, could have contributed to rising premiums for Cat B COE.

Get data on past COE bidding exercises at our COE bidding results page.

Cat A COE - Still climbing upwards

Premiums for Cat A, for cars up to 1,600cc in engine capacity and with an output of no more than 130bhp, rose by $3,055 (4.5%) to end at $71,556 this session.

This sustained rise sees the current premium standing at 38.9% above the 12-month trailing average. The number of unsuccessful bids this round exceeded the available quota by 56%, higher than the 12-month average of 44% for the category.

Cat B COE - A $4,000 climb this session

Premiums for Cat B, for larger cars with more than 130bhp or engine displacements larger than 1,600cc, took the highest climb this session, rising by $4,000 (4.2%) to reach a $98,889.

This eighth consecutive jump in premiums for the category has brought the current price to 42.4% above the 12-month trailing average.

This total number of unsuccessful bids this round exceed the quota available by 48%. The 12-month average figure for this category is currently 43%.

Cat C COE - Also still climbing upward

Premiums for Cat C, for goods vehicles and buses, rose by $2,615 this session (5.4%), closing at $51,504.

The number of unsuccessful bids this round exceeded the available quota by 82%, lower than the 12-month average for this category of 92%.

Cat E COE - Climbing ever closer to the $100,000 mark

Cat E, the open category, held steady this session, rising by $120 (0.1%) to bring the premium to $99,010.

This rise sees premiums for the category now reaching 37.4% above the 12-month trailing average.

The number of unsuccessful bids this round exceeded the available quota by 91%. The 12-month average for this figure for the category is 66%.

Prevailing Quota Premium

The Prevailing Quota Premium is the amount to be paid for COE renewal and is computed from the moving average of the previous three-months of COE prices. Those looking to renew the COE on their cars will thus have to pay the following prices for the respective months.


If you're looking for a fuss-free option to renew your car's COE, sgCarMart provides free COE renewal service which includes advice, loan sourcing and all paperwork.

✅ Advice and tips on COE renewal 
✅ Complimentary Pre-COE Car Inspection 
✅ COE renewal loan quote comparisons 
✅ Interest Rate typically starts from 1.88% 
✅ 100% PQP Financing 
✅ Settlement of entire COE renewal paperwork