December 2020

1st Bidding

COE Prices 09/12/2020
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

$40,714

$45,012

$32,889

$7,670

$45,510

Change

$3,024

$3,911

$2,555

$370

$4,007

Quota

978

1,035

368

526

464

Bids Received

1,620

1,712

599

767

722

PQP

$37,303 (Dec)

$40,714 (Dec)

$30,656 (Dec)

$7,339 (Dec)

-

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

Quota Premium

$40,714

Change

$3,024

Quota

978

Bids Received

1,620

PQP

$37,303 (Dec)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$45,012

Change

$3,911

Quota

1,035

Bids Received

1,712

PQP

$40,714 (Dec)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$32,889

Change

$2,555

Quota

368

Bids Received

599

PQP

$30,656 (Dec)

CAT D (MOTORCYCLE)

Quota Premium

$7,670

Change

$370

Quota

526

Bids Received

767

PQP

$7,339 (Dec)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$45,510

Change

$4,007

Quota

464

Bids Received

722

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

about 1 month ago

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

about 1 month ago

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

about 1 month 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

4 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

5 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.