February 2020

2nd Bidding

COE Prices 19/02/2020
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

$32,999

$32,889

$25,001

$4,309

$33,301
Change

$2,989

$1,999

$12

$92

$1,599
Quota

982

987

352

577

328
Bids Received

1,564

1,459

561

729

550
PQP

$33,038 (Feb)
$33,207 (Mar)

$38,071 (Feb)
$35,416 (Mar)

$24,367 (Feb)
$24,387 (Mar)

$4,012 (Feb)
$4,126 (Mar)

-

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

Quota Premium

$32,999

Change

$2,989

Quota

982

Bids Received

1,564

PQP

$33,038 (Feb) / $33,207 (Mar)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$32,889

Change

$1,999

Quota

987

Bids Received

1,459

PQP

$38,071 (Feb) / $35,416 (Mar)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$25,001

Change

$12

Quota

352

Bids Received

561

PQP

$24,367 (Feb) / $24,387 (Mar)

CAT D (MOTORCYCLE)

Quota Premium

$4,309

Change

$92

Quota

577

Bids Received

729

PQP

$4,012 (Feb) / $4,126 (Mar)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$33,301

Change

$1,599

Quota

328

Bids Received

550

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.