Singapore so Expensive Pay It’s well known that owning a car in Singapore is expensive because of the Certificate of Entitlement (COE). For those who participated in the bidding on 5 October 2022, you were in luck as COE decreased across all categories except for Category D that’s for motorcycles. However, during the recent open bidding on 19 October 2022, the prices went up again. With the COE at its peak these days, one might be wondering when it would actually come down, and how it’s calculated. Let’s find out!

TL;DR: How COE is Determined, COE Price Trends & COE Bidding Process

Click here to jump: How is COE determined? COE trend prediction 2022 How to bid for COE?

How to Calculate COE

There are five COE categories under the Vehicle Quota System (VQS). The VQS caps the number of new vehicles that...