May 22May 2022

2nd Bidding

Renew COE
Renew COE
COE Prices 19/05/2022
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

$68,001

$95,889

$51,501

$9,490

$95,901

$2,900

$3,799

$611

$1

$4,789

PQP

$67,586 (May)
$70,109 (Jun)

$93,644 (May)
$95,025 (Jun)

$49,633 (May)
$51,615 (Jun)

$10,468 (May)
$10,198 (Jun)

-

Quota

625

528

103

609

191

Bids Received

819

709

220

899

309

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

Quota Premium

$68,001

PQP

$67,586 (May) / $70,109 (Jun)

$2,900

Quota

625

Bids Received

819

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

Quota Premium

$95,889

PQP

$93,644 (May) / $95,025 (Jun)

$3,799

Quota

528

Bids Received

709

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$51,501

PQP

$49,633 (May) / $51,615 (Jun)

$611

Quota

103

Bids Received

220

CAT D (MOTORCYCLE)

Quota Premium

$9,490

PQP

$10,468 (May) / $10,198 (Jun)

$1

Quota

609

Bids Received

899

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$95,901

PQP

-

$4,789

Quota

191

Bids Received

309

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191 Comments

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

8 days 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 2 months 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.