Jul 16July 2016

2nd Bidding

Renew COE
Renew COE
COE Prices 20/07/2016
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

$53,000

$57,508

$49,890

$6,302

$57,501

$699

$1,419

$2,001

$290

$1,499

PQP

$49,519 (Jul)
$51,518 (Aug)

$51,630 (Jul)
$54,463 (Aug)

$44,493 (Jul)
$46,254 (Aug)

$6,369 (Jul)
$6,254 (Aug)

-

Quota

2,272

1,463

230

430

521

Bids Received

3,195

2,439

344

586

821

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

Quota Premium

$53,000

PQP

$49,519 (Jul) / $51,518 (Aug)

$699

Quota

2,272

Bids Received

3,195

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

Quota Premium

$57,508

PQP

$51,630 (Jul) / $54,463 (Aug)

$1,419

Quota

1,463

Bids Received

2,439

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$49,890

PQP

$44,493 (Jul) / $46,254 (Aug)

$2,001

Quota

230

Bids Received

344

CAT D (MOTORCYCLE)

Quota Premium

$6,302

PQP

$6,369 (Jul) / $6,254 (Aug)

$290

Quota

430

Bids Received

586

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$57,501

PQP

-

$1,499

Quota

521

Bids Received

821

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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

8 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

22 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 1 month 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.