Premiums for Cat A to E from every LTA bidding exercise in 2023, and the PQP (the renewal price) for each month.
There were 24 COE bidding exercises in 2023. Cat A ranged from $80,000 (Jan 2023, 1st bidding) to $106,000 (Oct 2023, 2nd bidding), and averaged $94,538. Cat B ranged from $102,002 (Jan 2023, 1st bidding) to $150,001 (Oct 2023, 2nd bidding), and averaged $121,801. The Cat A average was 25% higher than in 2022 ($75,809).
| Exercise | Cat A | Cat B | Cat C | Cat D | Cat E |
|---|---|---|---|---|---|
| Jan 2023, 1st bidding | $80,000 | $102,002 | $77,301 | $10,890 | $107,889 |
| Jan 2023, 2nd bidding | $86,000 | $105,459 | $77,109 | $11,101 | $107,000 |
| Feb 2023, 1st bidding | $86,000 | $105,524 | $85,119 | $11,602 | $105,002 |
| Feb 2023, 2nd bidding | $86,556 | $115,001 | $87,790 | $12,189 | $118,001 |
| Mar 2023, 1st bidding | $88,000 | $115,501 | $91,101 | $12,390 | $116,000 |
| Mar 2023, 2nd bidding | $93,503 | $116,201 | $85,389 | $12,001 | $116,020 |
| Apr 2023, 1st bidding | $96,501 | $118,501 | $76,801 | $12,001 | $118,990 |
| Apr 2023, 2nd bidding | $103,721 | $120,889 | $75,334 | $12,179 | $124,501 |
| May 2023, 1st bidding | $101,001 | $119,399 | $75,589 | $5,002 | $124,002 |
| May 2023, 2nd bidding | $92,000 | $113,034 | $77,501 | $10,602 | $125,000 |
| Jun 2023, 1st bidding | $98,001 | $120,702 | $81,801 | $11,001 | $120,889 |
| Jun 2023, 2nd bidding | $96,206 | $121,000 | $83,140 | $10,709 | $123,000 |
| Jul 2023, 1st bidding | $97,000 | $118,002 | $82,223 | $10,090 | $121,000 |
| Jul 2023, 2nd bidding | $95,202 | $118,001 | $82,001 | $10,501 | $122,110 |
| Aug 2023, 1st bidding | $99,499 | $126,889 | $82,100 | $11,501 | $126,201 |
| Aug 2023, 2nd bidding | $100,000 | $129,890 | $82,801 | $11,402 | $131,000 |
| Sep 2023, 1st bidding | $101,000 | $134,889 | $82,889 | $10,901 | $137,000 |
| Sep 2023, 2nd bidding | $105,000 | $140,889 | $83,801 | $10,700 | $144,640 |
| Oct 2023, 1st bidding | $104,000 | $146,002 | $85,900 | $10,856 | $152,000 |
| Oct 2023, 2nd bidding | $106,000 | $150,001 | $84,790 | $11,201 | $158,004 |
| Nov 2023, 1st bidding | $95,689 | $110,001 | $78,001 | $10,889 | $125,011 |
| Nov 2023, 2nd bidding | $85,001 | $135,336 | $73,889 | $10,001 | $135,002 |
| Dec 2023, 1st bidding | $88,020 | $130,100 | $71,001 | $9,858 | $133,388 |
| Dec 2023, 2nd bidding | $85,000 | $110,001 | $69,423 | $9,002 | $118,388 |
On a phone, swipe the table sideways for Cat C and Cat E.
The PQP is the average of every premium in the three calendar months before. It is what renewing a COE cost in that month: the full PQP for 10 years, half for 5.
| Month | Cat A | Cat B | Cat C | Cat D |
|---|---|---|---|---|
| Dec 2023 | $99,449 | $136,187 | $81,545 | $10,758 |
| Nov 2023 | $102,584 | $138,094 | $83,714 | $11,094 |
| Oct 2023 | $99,617 | $128,094 | $82,636 | $10,850 |
| Sep 2023 | $97,652 | $122,414 | $82,345 | $10,868 |
| Aug 2023 | $96,569 | $118,357 | $80,376 | $9,651 |
| Jul 2023 | $97,905 | $118,921 | $78,361 | $10,249 |
| Jun 2023 | $95,788 | $117,255 | $80,286 | $10,696 |
| May 2023 | $92,381 | $115,270 | $83,589 | $12,061 |
| Apr 2023 | $86,677 | $109,948 | $83,969 | $11,696 |
| Mar 2023 | $85,845 | $106,916 | $81,170 | $11,596 |
| Feb 2023 | $86,723 | $108,373 | $78,703 | $11,927 |
| Jan 2023 | $85,988 | $108,106 | $75,667 | $12,354 |
Source: LTA COE bidding results via data.gov.sg.
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