Oct 16October 2016

2nd Bidding

Renew COE
Renew COE
COE Prices 19/10/2016
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

$50,991

$56,410

$45,589

$6,354

$56,340

$516

$3,409

$3,113

$1

$2,140

PQP

$52,108 (Oct)
$51,641 (Nov)

$56,751 (Oct)
$56,053 (Nov)

$48,963 (Oct)
$48,381 (Nov)

$6,305 (Oct)
$6,370 (Nov)

-

Quota

2,023

1,340

188

360

429

Bids Received

2,584

1,768

252

425

677

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

Quota Premium

$50,991

PQP

$52,108 (Oct) / $51,641 (Nov)

$516

Quota

2,023

Bids Received

2,584

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

Quota Premium

$56,410

PQP

$56,751 (Oct) / $56,053 (Nov)

$3,409

Quota

1,340

Bids Received

1,768

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$45,589

PQP

$48,963 (Oct) / $48,381 (Nov)

$3,113

Quota

188

Bids Received

252

CAT D (MOTORCYCLE)

Quota Premium

$6,354

PQP

$6,305 (Oct) / $6,370 (Nov)

$1

Quota

360

Bids Received

425

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$56,340

PQP

-

$2,140

Quota

429

Bids Received

677

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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

8 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

28 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

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.