Jan 22January 2022

1st Bidding

Renew COE
Renew COE
COE Prices 05/01/2022
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

$57,599

$77,700

$42,200

$9,689

$82,501

$1,202

$3,289

$1,800

$88

$1,388

PQP

$54,039 (Jan)

$79,034 (Jan)

$42,316 (Jan)

$9,355 (Jan)

-

Quota

543

587

90

431

149

Bids Received

760

712

198

573

193

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

Quota Premium

$57,599

PQP

$54,039 (Jan)

$1,202

Quota

543

Bids Received

760

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

Quota Premium

$77,700

PQP

$79,034 (Jan)

$3,289

Quota

587

Bids Received

712

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$42,200

PQP

$42,316 (Jan)

$1,800

Quota

90

Bids Received

198

CAT D (MOTORCYCLE)

Quota Premium

$9,689

PQP

$9,355 (Jan)

$88

Quota

431

Bids Received

573

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$82,501

PQP

-

$1,388

Quota

149

Bids Received

193

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171 Comments

Schua
All that Singaporeans need to do is to refrain from booking a new car (concertedly) for 3 months straight. Once car dealers' order books dry up, they have no reason to keep bidding higher and higher! I don't believe there are enough foreigners buying cars that can take up the 1,600 or so Cat A/B/E certs every fortnight if locals stop buying. In fact, I know of many expats who refuse to buy a car here, even with their high income & car allowance. Why are we being so silly? So keep that hard earned money, fella citizens!
Reply

2 months ago

Sho Yee Heng
We pay ABSD if you want 2nd house or more. Shall we also make those who want to own 2 or more cars to pay more additional taxes. Also, shall we also limit the number of times or MOP for each person to own a car😂😂😂
Reply

3 months ago

Dylan

Best method to remove cars on the road is to implementing manual transmission cars only.

1. That would put off 80% of drivers from driving.

2 it's safer for road users as a driver must utilize both arms & legs to operate a manual cars instead of enabling them to use 1 hand for mobile phone or other monkey business. Solely focus on driving.

3. Stuck in jam, too bad. Don't drive! Still wanna drive, pay attention & suck it up.

4. More focus on driving than mobile phone = less accidents.

5. Manual driving skill develops better driving sense, sensing problems in cars, road feel etc.

Reply

4 months ago

Wen Yong
Don’t know if GOV could consider giving COE subsidies for married couples who have baby or not? Like baby bonus
Reply

5 months ago

Lex Farolan
No money dun buy car lah, u want bungalow landed property but no money also, dun buy lah, kaupeh for what..? I sold my car also, live within ur means, show off to broke ppl for what purpose. End up u also broke.. 🤣 feeding ur ego is not going to lead u anywhere😊 some ppl got money no license, u got license no money🤣🤣🤣
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.