In the second round of bidding for December, Certificate of Entitlement (COE) premiums climbed for Cat B, while premiums for Cat A and E slipped.

This rise in premiums for Cat B could be due to the decerease in available quotas for the category this session, which for this session stood at a total of 409, compared to the 427 available COEs of the last session.

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

Cat A COE - A small $496 downward move

Premiums for Cat A, for cars up to 1,600cc in engine capacity and with an output of no more than 130bhp, or electric vehicles with a power output of up to 110kW, slipped this session only by $496 (0.6%), ending at $88,007.

This slip sees premiums for the category now standing at 18% above the 12-month trailing average. This price is now at the 81^st percentile of prices across the last 12 months.

The total number of bids submitted this session exceeded the number of unsuccessful bids this round by 31%, lower than the 12-month average of 41% for the category.

Cat B COE - This session's only climber

Premiums for Cat B, for larger cars with more than 130bhp or engine displacements larger than 1,600cc, or electric vehicles with a power output of more than 110kW, climbed this session. Premiums in the category rose by $2,505 (2.4%), finally settling at $108,006.

This new slip in premiums for the category has brought the current price to 8.2% above the 12-month trailing average. Premiums for the category are now at the 71^st percetile of prices of the last 12 months.

The total number of unsuccessful bids this round exceed the quota available by 38%, lower than the 12-month average figure for this category of 42%.

Cat C COE - A $3,301 drop this session

Premiums for Cat C, for goods vehicles and buses, also slipped this session, dropping by $3,301 (4.1%), to close at $81,501.

The number of unsuccessful bids this round exceeded the available quota by 113%, higher than the 12-month average for this category of 100%.

Cat E COE - A gentle drop this session

Cat E, the open category, slipped only by $924 (0.8%) this session. This slip sees the premium for the category ending at $109,600.

This new slip means current premiums for the category are now at 7.8% above the 12-month trailing average.

The number of unsuccessful bids this round exceeded the available quota by 87%. The 12-month average for this figure for the category is 61%.

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