Jan 21January 2021

2nd Bidding

Renew COE
Renew COE
COE Prices 20/01/2021
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

$43,501

$50,100

$40,999

$7,589

$51,900

$2,892

$1,099

$5,099

$88

$2,411

PQP

$38,137 (Jan)
$39,844 (Feb)

$42,683 (Jan)
$45,586 (Feb)

$32,799 (Jan)
$34,471 (Feb)

$7,444 (Jan)
$7,500 (Feb)

-

Quota

966

1,018

381

548

466

Bids Received

1,309

1,338

671

706

705

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

Quota Premium

$43,501

PQP

$38,137 (Jan) / $39,844 (Feb)

$2,892

Quota

966

Bids Received

1,309

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

Quota Premium

$50,100

PQP

$42,683 (Jan) / $45,586 (Feb)

$1,099

Quota

1,018

Bids Received

1,338

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$40,999

PQP

$32,799 (Jan) / $34,471 (Feb)

$5,099

Quota

381

Bids Received

671

CAT D (MOTORCYCLE)

Quota Premium

$7,589

PQP

$7,444 (Jan) / $7,500 (Feb)

$88

Quota

548

Bids Received

706

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$51,900

PQP

-

$2,411

Quota

466

Bids Received

705

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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.