Feb 15February 2015

2nd Bidding

Renew COE
Renew COE
COE Prices 17/02/2015
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

$57,199

$66,751

$53,202

$5,800

$67,901

$4,803

$4,139

$1,101

$296

$4,020

PQP

$66,130 (Feb)
$63,865 (Mar)

$74,058 (Feb)
$73,035 (Mar)

$58,471 (Feb)
$54,572 (Mar)

$4,383 (Feb)
$4,853 (Mar)

-

Quota

988

722

185

291

193

Bids Received

1,294

1,037

333

396

373

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

Quota Premium

$57,199

PQP

$66,130 (Feb) / $63,865 (Mar)

$4,803

Quota

988

Bids Received

1,294

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

Quota Premium

$66,751

PQP

$74,058 (Feb) / $73,035 (Mar)

$4,139

Quota

722

Bids Received

1,037

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$53,202

PQP

$58,471 (Feb) / $54,572 (Mar)

$1,101

Quota

185

Bids Received

333

CAT D (MOTORCYCLE)

Quota Premium

$5,800

PQP

$4,383 (Feb) / $4,853 (Mar)

$296

Quota

291

Bids Received

396

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$67,901

PQP

-

$4,020

Quota

193

Bids Received

373

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191 Comments

U Tin Soe
Lower income families can’t afford to buy a Car anymore. 🥲
Reply

1 day ago

Melvin Cheong
Ridiculous COE issue is 1 garment won't want to address
Reply

about 1 month ago

Dylan Ng
Call all go in? sardines
Reply

about 1 month ago

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

5 months 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

5 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.