Dec 20December 2020

2nd Bidding

Renew COE
Renew COE
COE Prices 23/12/2020
COE Category

CAT A

Car ≤ 1600cc & 130bhp, or 110kW

CAT B

Car > 1600cc & 130bhp, or 110kW

CAT C

Goods vehicle & bus

CAT D

Motorcycle

CAT E

Open - all except motorcycle

Quota Premium

$40,556

$49,300

$35,201

$7,689

$49,500

$158

$4,288

$2,312

$19

$3,990

PQP

$37,303 (Dec)
$38,137 (Jan)

$40,714 (Dec)
$42,683 (Jan)

$30,656 (Dec)
$32,799 (Jan)

$7,339 (Dec)
$7,444 (Jan)

-

Quota

969

1,009

369

530

471

Bids Received

1,403

1,631

640

710

688

CAT A (CARS ≤ 1600cc & 130bhp, or 110kW)

Quota Premium

$40,556

PQP

$37,303 (Dec) / $38,137 (Jan)

$158

Quota

969

Bids Received

1,403

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

Quota Premium

$49,300

PQP

$40,714 (Dec) / $42,683 (Jan)

$4,288

Quota

1,009

Bids Received

1,631

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$35,201

PQP

$30,656 (Dec) / $32,799 (Jan)

$2,312

Quota

369

Bids Received

640

CAT D (MOTORCYCLE)

Quota Premium

$7,689

PQP

$7,339 (Dec) / $7,444 (Jan)

$19

Quota

530

Bids Received

710

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$49,500

PQP

-

$3,990

Quota

471

Bids Received

688

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191 Comments

U Tin Soe
Lower income families can’t afford to buy a Car anymore. 🥲
Reply

1 day ago

Melvin Cheong
Ridiculous COE issue is 1 garment won't want to address
Reply

about 1 month ago

Dylan Ng
Call all go in? sardines
Reply

about 1 month ago

Jamil Bin Abdul Rahman
There is an easy way to moderate the price of COEs. It was suggested long ago. Make people pay according to their bids and not the lowest of the successful bidding.
Reply

5 months ago

Dennis Gan

COE a piece of paper can cost over 100k. No wonder our neighbours country comment our government easy earn money from citizens.

Government should divide 2 categories. COE A for taxi and Grab companies to bid and COE B should for normal car (refer to household need car) to bid. Like this COE will not be spike because of taxi and Grab company massive bid COE

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.