The first Certificate of Entitlement (COE) bidding exercise of October 2026 opens on Monday 5 October at 12 noon and closes on Wednesday 7 October at 4pm. The Land Transport Authority’s OneMotoring puts 3,270 COEs up for bidding across the five categories.
How the last round ended
The second September exercise closed on 23 September with Category A premiums at S$131,890 and Category B at S$133,000. The Open category, which can be used for any vehicle except a motorcycle, finished highest at S$137,000.
Category A drew 1,507 bids for 1,193 COEs, and Category B drew 1,135 bids for 927. Goods vehicles and buses closed at S$92,144, and motorcycles at S$12,201.
| Category | Vehicles | Sep round 2 premium (S$) | Sep round 2 quota | Bids received | Oct round 1 quota |
|---|---|---|---|---|---|
| A | Cars up to 1,600cc and 97kW (EVs up to 110kW) | 131,890 | 1,193 | 1,507 | 1,232 |
| B | Cars above 1,600cc or 97kW (EVs above 110kW) | 133,000 | 927 | 1,135 | 945 |
| C | Goods vehicles and buses | 92,144 | 318 | 532 | 310 |
| D | Motorcycles | 12,201 | 522 | 605 | 530 |
| E | Open | 137,000 | 269 | 431 | 253 |
October round 1 quota
The October quota is higher than the previous round in three categories. Category A has 1,232 COEs, up 39, Category B has 945, up 18, and motorcycles have 530, up eight. Goods vehicles and buses drop from 318 to 310, and the Open category from 269 to 253.
How bidding works
Individuals bid at DBS or POSB ATMs, while companies and motor traders can also bid online through DBS, UOB or Maybank. An individual must be at least 18 and can submit one bid per exercise. The bid deposit is S$10,000 for Categories A, B, C and E, and S$1,500 for motorcycles, plus a bank administration fee of S$2 to S$10.
Each bid carries a reserve price, the most the bidder will pay. The system raises the bid in S$1 steps up to that ceiling, and a submitted bid cannot be withdrawn, though the reserve price can be raised through OneMotoring’s Enquire/Revise COE Bid service. All successful bidders in a category pay the same quota premium, set at the highest unsuccessful bid plus S$1 when bidding closes.
The second October exercise runs from Monday 19 October at 12 noon to Wednesday 21 October at 4pm.
