Feb 16February 2016

2nd Bidding

Renew COE
Renew COE
COE Prices 17/02/2016
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

$43,000

$46,970

$45,001

$6,353

$45,009

$3,651

$8,360

$35

$150

$1,008

PQP

$53,799 (Feb)
$49,541 (Mar)

$56,436 (Feb)
$50,932 (Mar)

$45,390 (Feb)
$45,447 (Mar)

$6,486 (Feb)
$6,560 (Mar)

-

Quota

2,049

1,208

165

362

456

Bids Received

2,965

2,898

239

454

873

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

Quota Premium

$43,000

PQP

$53,799 (Feb) / $49,541 (Mar)

$3,651

Quota

2,049

Bids Received

2,965

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

Quota Premium

$46,970

PQP

$56,436 (Feb) / $50,932 (Mar)

$8,360

Quota

1,208

Bids Received

2,898

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$45,001

PQP

$45,390 (Feb) / $45,447 (Mar)

$35

Quota

165

Bids Received

239

CAT D (MOTORCYCLE)

Quota Premium

$6,353

PQP

$6,486 (Feb) / $6,560 (Mar)

$150

Quota

362

Bids Received

454

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$45,009

PQP

-

$1,008

Quota

456

Bids Received

873

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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.