Feb 14February 2014

1st Bidding

Renew COE
Renew COE
COE Prices 05/02/2014
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

$71,564

$75,300

$51,002

$3,051

$77,003

$726

$3,700

$1,001

$347

$1,807

PQP

$73,237 (Feb)

$78,382 (Feb)

$51,418 (Feb)

$1,952 (Feb)

-

Quota

362

360

267

361

208

Bids Received

719

523

364

550

351

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

Quota Premium

$71,564

PQP

$73,237 (Feb)

$726

Quota

362

Bids Received

719

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

Quota Premium

$75,300

PQP

$78,382 (Feb)

$3,700

Quota

360

Bids Received

523

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$51,002

PQP

$51,418 (Feb)

$1,001

Quota

267

Bids Received

364

CAT D (MOTORCYCLE)

Quota Premium

$3,051

PQP

$1,952 (Feb)

$347

Quota

361

Bids Received

550

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$77,003

PQP

-

$1,807

Quota

208

Bids Received

351

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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

23 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.