Sep 16September 2016

2nd Bidding

Renew COE
Renew COE
COE Prices 21/09/2016
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

$50,000

$55,501

$49,890

$6,501

$55,201

$1,506

$1,501

$89

$49

$1,688
PQP

$53,339 (Sep)
$52,108 (Oct)

$56,835 (Sep)
$56,751 (Oct)

$48,087 (Sep)
$48,963 (Oct)

$6,247 (Sep)
$6,305 (Oct)

-
Quota

2,008

1,338

177

403

429
Bids Received

2,610

2,017

237

478

592

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

Quota Premium

$50,000

PQP

$53,339 (Sep) / $52,108 (Oct)

$1,506

Quota

2,008

Bids Received

2,610

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

Quota Premium

$55,501

PQP

$56,835 (Sep) / $56,751 (Oct)

$1,501

Quota

1,338

Bids Received

2,017

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$49,890

PQP

$48,087 (Sep) / $48,963 (Oct)

$89

Quota

177

Bids Received

237

CAT D (MOTORCYCLE)

Quota Premium

$6,501

PQP

$6,247 (Sep) / $6,305 (Oct)

$49

Quota

403

Bids Received

478

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$55,201

PQP

-

$1,688

Quota

429

Bids Received

592

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187 Comments

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

10 days ago

View 1 Reply
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

30 days ago

Ks Ng

HDB is 99yr lease vs 10yr COE.

$1m COE (expense) for 99yr of depreciating car ownership.

Reply

about 2 months ago

Tan Sek Hee
Everybody need a hdb to stay but you can take public transport mrt correct
Reply

about 2 months ago

Roger Poh
If HDB can draw lots for the flats, Gov can do the same for cars. Also, limit one household one car. This will make cars more affordable to the ordinary person. Right now, the system favours the wealthy; the rest of you get lost. Inclusive society? Haha
Reply

2 months ago

View 1 Reply

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.