August 2018

2nd Bidding

COE Prices 23/08/2018
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

$31,997

$32,429

$29,902

$4,889

$32,311
Change

$1,801

$1,952

$487

$625

$1,109
Quota

1,695

1,272

409

824

527
Bids Received

2,948

2,031

635

1,176

927
PQP

$34,197 (Aug)
$32,339 (Sep)

$34,991 (Aug)
$33,377 (Sep)

$31,163 (Aug)
$30,696 (Sep)

$6,819 (Aug)
$6,166 (Sep)

-

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

Quota Premium

$31,997

Change

$1,801

Quota

1,695

Bids Received

2,948

PQP

$34,197 (Aug) / $32,339 (Sep)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$32,429

Change

$1,952

Quota

1,272

Bids Received

2,031

PQP

$34,991 (Aug) / $33,377 (Sep)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$29,902

Change

$487

Quota

409

Bids Received

635

PQP

$31,163 (Aug) / $30,696 (Sep)

CAT D (MOTORCYCLE)

Quota Premium

$4,889

Change

$625

Quota

824

Bids Received

1,176

PQP

$6,819 (Aug) / $6,166 (Sep)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$32,311

Change

$1,109

Quota

527

Bids Received

927

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

7 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.