Mar 22March 2022

1st Bidding

Renew COE
Renew COE
COE Prices 09/03/2022
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

$68,501

$94,889

$48,889

$11,400

$98,890

$5,501

$1,299

$2,388

$811

$5,788

PQP

$59,179 (Mar)

$83,464 (Mar)

$44,118 (Mar)

$9,882 (Mar)

-

Quota

531

551

76

405

190

Bids Received

962

860

199

602

318

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

Quota Premium

$68,501

PQP

$59,179 (Mar)

$5,501

Quota

531

Bids Received

962

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

Quota Premium

$94,889

PQP

$83,464 (Mar)

$1,299

Quota

551

Bids Received

860

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$48,889

PQP

$44,118 (Mar)

$2,388

Quota

76

Bids Received

199

CAT D (MOTORCYCLE)

Quota Premium

$11,400

PQP

$9,882 (Mar)

$811

Quota

405

Bids Received

602

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$98,890

PQP

-

$5,788

Quota

190

Bids Received

318

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188 Comments

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

15 days 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

29 days ago

Deen
COE - A scam by the govt. to extort 70% of the value from car-owners , that too by instant cash ! Not even instalment basis. Burgers ! HaHa ;)
Reply

about 2 months ago

Ks Ng

HDB is 99yr lease vs 10yr COE.

$1m COE (expense) for 99yr of depreciating car ownership.

Reply

3 months ago

Tan Sek Hee
Everybody need a hdb to stay but you can take public transport mrt correct
Reply

3 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.