September 2020

2nd Bidding

COE Prices 23/09/2020
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

$38,504

$40,989

$28,589

$7,331

$41,001
Change

$738

$521

$1,945

$68

$211
Quota

1,034

912

351

494

471
Bids Received

1,540

1,497

591

642

671
PQP

$33,140 (Sep)
$35,200 (Oct)

$34,935 (Sep)
$38,216 (Oct)

$23,950 (Sep)
$25,455 (Oct)

$6,358 (Sep)
$7,346 (Oct)

-

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

Quota Premium

$38,504

Change

$738

Quota

1,034

Bids Received

1,540

PQP

$33,140 (Sep) / $35,200 (Oct)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$40,989

Change

$521

Quota

912

Bids Received

1,497

PQP

$34,935 (Sep) / $38,216 (Oct)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$28,589

Change

$1,945

Quota

351

Bids Received

591

PQP

$23,950 (Sep) / $25,455 (Oct)

CAT D (MOTORCYCLE)

Quota Premium

$7,331

Change

$68

Quota

494

Bids Received

642

PQP

$6,358 (Sep) / $7,346 (Oct)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$41,001

Change

$211

Quota

471

Bids Received

671

PQP

-

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27 Comments

Barguna
COVID Devastated the Economy, thousands jobless, struggling to maintain family/livelihood. But since Jan/2020( Govt started Stimulus package), the COE progressively increased, Cat B(Luxury car) increased more compare to Cat A. same does other Luxury items like Condo Price/EC and other Luxury items, stocks etc all time high !! How it Possible any one can explain ??
Reply

21 days ago

View 1 Reply
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

4 months ago

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

4 months ago

Henry Seah
COE quota will be short supply due to lower dereg vehicles. Wd expect future COE price to increase.
Reply

4 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

6 months ago

View 1 Reply

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.