Aug 18August 2018

1st Bidding

Renew COE
Renew COE
COE Prices 08/08/2018
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

$33,798

$34,381

$30,389

$5,514

$33,420

$1,099

$1,830

$500

$675

$611

PQP

$34,197 (Aug)

$34,991 (Aug)

$31,163 (Aug)

$6,819 (Aug)

-

Quota

1,672

1,265

379

845

536

Bids Received

3,633

2,132

549

1,208

896

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

Quota Premium

$33,798

PQP

$34,197 (Aug)

$1,099

Quota

1,672

Bids Received

3,633

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

Quota Premium

$34,381

PQP

$34,991 (Aug)

$1,830

Quota

1,265

Bids Received

2,132

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$30,389

PQP

$31,163 (Aug)

$500

Quota

379

Bids Received

549

CAT D (MOTORCYCLE)

Quota Premium

$5,514

PQP

$6,819 (Aug)

$675

Quota

845

Bids Received

1,208

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$33,420

PQP

-

$611

Quota

536

Bids Received

896

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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

11 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

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.