February 2021

1st Bidding

COE Prices 03/02/2021
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

$42,000

$46,790

$45,001

$7,506

$49,778

Change

$1,501

$3,310

$4,002

$83

$2,122

Quota

885

943

276

572

300

Bids Received

1,098

1,107

510

705

435

PQP

$39,844 (Feb)

$45,586 (Feb)

$34,471 (Feb)

$7,500 (Feb)

-

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

Quota Premium

$42,000

Change

$1,501

Quota

885

Bids Received

1,098

PQP

$39,844 (Feb)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$46,790

Change

$3,310

Quota

943

Bids Received

1,107

PQP

$45,586 (Feb)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$45,001

Change

$4,002

Quota

276

Bids Received

510

PQP

$34,471 (Feb)

CAT D (MOTORCYCLE)

Quota Premium

$7,506

Change

$83

Quota

572

Bids Received

705

PQP

$7,500 (Feb)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$49,778

Change

$2,122

Quota

300

Bids Received

435

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

2 months ago

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

2 months ago

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

3 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

5 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

7 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.