October 2016

1st Bidding

COE Prices 05/10/2016
COE Category

CAT A

CAR UP TO 1600CC & 97KW

CAT B

CAR ABOVE 1600CC OR 97KW

CAT C

GOODS VEHICLE & BUS

CAT D

MOTORCYCLE

CAT E

OPEN-ALL EXCEPT MOTORCYCLE

Quota Premium

$51,507

$53,001

$48,702

$6,353

$54,200

Change

$1,507

$2,500

$1,188

$148

$1,001

Quota

2,064

1,350

176

387

436

Bids Received

2,938

1,785

232

498

642

PQP

$52,108 (Oct)

$56,751 (Oct)

$48,963 (Oct)

$6,305 (Oct)

-

CAT A (CAR UP TO 1600CC & 97KW)

Quota Premium

$51,507

Change

$1,507

Quota

2,064

Bids Received

2,938

PQP

$52,108 (Oct)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$53,001

Change

$2,500

Quota

1,350

Bids Received

1,785

PQP

$56,751 (Oct)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$48,702

Change

$1,188

Quota

176

Bids Received

232

PQP

$48,963 (Oct)

CAT D (MOTORCYCLE)

Quota Premium

$6,353

Change

$148

Quota

387

Bids Received

498

PQP

$6,305 (Oct)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$54,200

Change

$1,001

Quota

436

Bids Received

642

PQP

-

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26 Comments

Prabakaran Gopalakrishnan
The Electric car is the next generation technology so the car companies want to clear the stock and make the way for electric vehicle. Example is the Blue SG Car renting services are running successfully in sg during the pandemic many people opted for safe travel purposes..
Reply

about 1 month ago

Azman Mohammed Noh
Yes, why are prices still increases? 💭
Reply

about 1 month ago

Henry Seah
COE quota will be short supply due to lower dereg vehicles. Wd expect future COE price to increase.
Reply

about 1 month ago

Raja Bahrin
COEs are bidded higher by car dealers disyributirs as they want to clear their stock faster. Dealers/Distributors are giving $30-40K discounts now.
Reply

4 months ago

Pk
SMEs including car dealers now have a lot of cash. Why? 7.1 billion loan out to 7000 SMEs by our banks during Apr to Jun to ease their cashflow. This is COE Inflation.
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.