Aug 16August 2016

2nd Bidding

Renew COE
Renew COE
COE Prices 17/08/2016
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

$53,334

$56,500

$48,001

$6,352

$56,956

$831

$1,403

$301

$146

$1,245

PQP

$51,518 (Aug)
$53,339 (Sep)

$54,463 (Aug)
$56,835 (Sep)

$46,254 (Aug)
$48,087 (Sep)

$6,254 (Aug)
$6,247 (Sep)

-

Quota

2,034

1,336

180

365

450

Bids Received

2,803

2,088

236

541

618

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

Quota Premium

$53,334

PQP

$51,518 (Aug) / $53,339 (Sep)

$831

Quota

2,034

Bids Received

2,803

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

Quota Premium

$56,500

PQP

$54,463 (Aug) / $56,835 (Sep)

$1,403

Quota

1,336

Bids Received

2,088

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$48,001

PQP

$46,254 (Aug) / $48,087 (Sep)

$301

Quota

180

Bids Received

236

CAT D (MOTORCYCLE)

Quota Premium

$6,352

PQP

$6,254 (Aug) / $6,247 (Sep)

$146

Quota

365

Bids Received

541

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$56,956

PQP

-

$1,245

Quota

450

Bids Received

618

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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.