Apr 13April 2013

2nd Bidding

Renew COE
Renew COE
COE Prices 24/04/2013
COE Category

CAT A

Car ≤ 1600cc & 130bhp, or 110kW

CAT B

Car > 1600cc & 130bhp, or 110kW

CAT C

Goods vehicle & bus

CAT D

Motorcycle

CAT E

Open - all except motorcycle

Quota Premium

$62,497

$62,000

$58,502

$1,791

$62,000

$1,468

$5,010

$2,491

$21

$4,989

PQP

$81,237 (Apr)
$71,306 (May)

$84,879 (Apr)
$74,428 (May)

$55,590 (Apr)
$55,167 (May)

$1,802 (Apr)
$1,784 (May)

-

Quota

333

310

225

506

240

Bids Received

993

683

354

545

421

CAT A (CARS ≤ 1600cc & 130bhp, or 110kW)

Quota Premium

$62,497

PQP

$81,237 (Apr) / $71,306 (May)

$1,468

Quota

333

Bids Received

993

CAT B (CARS > 1,600cc or 130bhp, or 110kW)

Quota Premium

$62,000

PQP

$84,879 (Apr) / $74,428 (May)

$5,010

Quota

310

Bids Received

683

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$58,502

PQP

$55,590 (Apr) / $55,167 (May)

$2,491

Quota

225

Bids Received

354

CAT D (MOTORCYCLE)

Quota Premium

$1,791

PQP

$1,802 (Apr) / $1,784 (May)

$21

Quota

506

Bids Received

545

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$62,000

PQP

-

$4,989

Quota

240

Bids Received

421

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188 Comments

Jamil Bin Abdul Rahman
There is an easy way to moderate the price of COEs. It was suggested long ago. Make people pay according to their bids and not the lowest of the successful bidding.
Reply

24 days ago

Dennis Gan

COE a piece of paper can cost over 100k. No wonder our neighbours country comment our government easy earn money from citizens.

Government should divide 2 categories. COE A for taxi and Grab companies to bid and COE B should for normal car (refer to household need car) to bid. Like this COE will not be spike because of taxi and Grab company massive bid COE

Reply

about 1 month ago

Deen
COE - A scam by the govt. to extort 70% of the value from car-owners , that too by instant cash ! Not even instalment basis. Burgers ! HaHa ;)
Reply

about 2 months ago

Ks Ng

HDB is 99yr lease vs 10yr COE.

$1m COE (expense) for 99yr of depreciating car ownership.

Reply

3 months ago

Tan Sek Hee
Everybody need a hdb to stay but you can take public transport mrt correct
Reply

3 months ago

Glossary

Quota PremiumPrice of the successful COE bid.
ChangeDifference between current price of COE and the previous price.
QuotaNumber of COE issued.
Bids ReceivedNumber of bidders participating in this COE bidding round.
Prevailing Quota Premium (PQP)Amount to be paid for COE renewal. Computed from 3-month moving average of COE prices.