Jul 16July 2016

1st Bidding

Renew COE
Renew COE
COE Prices 07/07/2016
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

$52,301

$56,089

$47,889

$6,012

$56,002

$2,899

$921

$113

$291

$1,388

PQP

$49,519 (Jul)

$51,630 (Jul)

$44,493 (Jul)

$6,369 (Jul)

-

Quota

2,222

1,469

237

409

517

Bids Received

3,194

2,547

310

525

750

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

Quota Premium

$52,301

PQP

$49,519 (Jul)

$2,899

Quota

2,222

Bids Received

3,194

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

Quota Premium

$56,089

PQP

$51,630 (Jul)

$921

Quota

1,469

Bids Received

2,547

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$47,889

PQP

$44,493 (Jul)

$113

Quota

237

Bids Received

310

CAT D (MOTORCYCLE)

Quota Premium

$6,012

PQP

$6,369 (Jul)

$291

Quota

409

Bids Received

525

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$56,002

PQP

-

$1,388

Quota

517

Bids Received

750

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190 Comments

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

2 days ago

Dylan Ng
Call all go in? sardines
Reply

13 days 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

4 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

4 months 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

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.