January 2020

2nd Bidding

COE Prices 22/01/2020
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

$35,010

$37,705

$25,001

$4,610

$37,500

Change

$310

$596

$599

$621

$500

Quota

1,034

1,012

329

693

388

Bids Received

1,390

1,157

504

936

528

PQP

$32,368 (Jan)
$33,038 (Feb)

$39,463 (Jan)
$38,071 (Feb)

$24,885 (Jan)
$24,367 (Feb)

$3,860 (Jan)
$4,012 (Feb)

-

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

Quota Premium

$35,010

Change

$310

Quota

1,034

Bids Received

1,390

PQP

$32,368 (Jan) / $33,038 (Feb)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$37,705

Change

$596

Quota

1,012

Bids Received

1,157

PQP

$39,463 (Jan) / $38,071 (Feb)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$25,001

Change

$599

Quota

329

Bids Received

504

PQP

$24,885 (Jan) / $24,367 (Feb)

CAT D (MOTORCYCLE)

Quota Premium

$4,610

Change

$621

Quota

693

Bids Received

936

PQP

$3,860 (Jan) / $4,012 (Feb)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$37,500

Change

$500

Quota

388

Bids Received

528

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

3 months ago

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

3 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

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.