February 2020

2nd Bidding

COE Prices 19/02/2020
COE Category

CAT A

CARS ≤ 1600cc & 130bhp, or 110kW

CAT B

CARS > 1,600cc or 130bhp, or 110kW

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 (CARS ≤ 1600cc & 130bhp, or 110kW)

Quota Premium

$32,999

Change

$2,989

Quota

982

Bids Received

1,564

PQP

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

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

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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114 Comments

Syed Ibrahim
Even coe high also people still buying car ???????
Reply

13 days ago

Zen Spore

Should have a law to mention no business allow to bid COE of motorcycle, only individual fall within the range of income and hold Singaporean citizenship or 3rd Singapore PR without any COE within period of 3 years allow to bid motorcycle COE, anyone currently hold COE of A, B and D should be disqualified to bid motorcycle COE.

Rules are FAIR TO EVERYONE

1. Should have 2 categories of Motorcycle COE, 300cc below and 300cc above.

2. Indvidual who have higher monthly income and owning more than average Singaporean's wealth should be disqualified to bid Motorcycle COE 300cc below.

Reply

28 days ago

Vt
Singapore policy will unlikely to change. With the current system. It's making the middle class folks suffer. It's either you make it rich or you get poorer. Maybe in another 10-20years, SG will have no middle class folks and SG ppl will likely be the ones taking left over jobs and foreigners taking the better jobs. Sad to see the downfall of Singapore where LKY has built up. COE and ERP is just one source of system where the govt make money and not a proper solution to the existing problem.
Reply

about 1 month ago

Merlion Take Bus
At least citizens must have some discount mAh , cos our land . Corporate and outsider pay bidded price , but SG citizens maybe get a prorated discount based on age at least say 55+ retirees or something like that am sure can be done if want to.
Reply

3 months ago

Justa Fellow Singaporean
I sincerely do not understand why so many people are blaming the government for high COE prices. On the contrary, I am thankful to the government for having such a convenient public transport system for people who cannot afford their own vehicle. Owning a car is a luxury and not a necessity. Who does not wish to indulge in luxuries and live in comfort? You can choose to take the public transport if you cannot afford a car. Just like I wear a Casio because I cannot afford Rolex and carry an Adidas because I cannot afford LV.
Reply

3 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.