Jul 14July 2014

2nd Bidding

Renew COE
Renew COE
COE Prices 23/07/2014
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

$62,890

$65,001

$52,010

$4,252

$65,002

$900

$112

$8,620

$251

$2,001

PQP

$66,586 (Jul)
$62,610 (Aug)

$71,771 (Jul)
$66,834 (Aug)

$40,780 (Jul)
$42,932 (Aug)

$4,163 (Jul)
$4,040 (Aug)

-

Quota

509

498

391

347

319

Bids Received

1,190

850

779

410

483

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

Quota Premium

$62,890

PQP

$66,586 (Jul) / $62,610 (Aug)

$900

Quota

509

Bids Received

1,190

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

Quota Premium

$65,001

PQP

$71,771 (Jul) / $66,834 (Aug)

$112

Quota

498

Bids Received

850

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$52,010

PQP

$40,780 (Jul) / $42,932 (Aug)

$8,620

Quota

391

Bids Received

779

CAT D (MOTORCYCLE)

Quota Premium

$4,252

PQP

$4,163 (Jul) / $4,040 (Aug)

$251

Quota

347

Bids Received

410

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$65,002

PQP

-

$2,001

Quota

319

Bids Received

483

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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

11 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

25 days 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

2 months ago

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

2 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.