May 2017

2nd Bidding

COE Prices 24/05/2017
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

$46,489

$53,001

$30,600

$6,101

$52,000
Change

$4,617

$2,413

$4,571

$200

$3,000
Quota

1,920

1,325

1,085

476

532
Bids Received

2,601

1,725

2,492

602

731
PQP

$50,665 (May)
$50,625 (Jun)

$52,491 (May)
$54,088 (Jun)

$44,526 (May)
$37,513 (Jun)

$7,180 (May)
$7,045 (Jun)

-

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

Quota Premium

$46,489

Change

$4,617

Quota

1,920

Bids Received

2,601

PQP

$50,665 (May) / $50,625 (Jun)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$53,001

Change

$2,413

Quota

1,325

Bids Received

1,725

PQP

$52,491 (May) / $54,088 (Jun)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$30,600

Change

$4,571

Quota

1,085

Bids Received

2,492

PQP

$44,526 (May) / $37,513 (Jun)

CAT D (MOTORCYCLE)

Quota Premium

$6,101

Change

$200

Quota

476

Bids Received

602

PQP

$7,180 (May) / $7,045 (Jun)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$52,000

Change

$3,000

Quota

532

Bids Received

731

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

2 months ago

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

2 months ago

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

3 months 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

5 months ago

View 1 Reply
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

6 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.