Sep 22September 2022

2nd Bidding

Renew COE
Renew COE
COE Prices 21/09/2022
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

$84,000

$108,051

$67,001

$11,589

$107,201

$2,000

$4,949

$2,012

$288

$6,098

PQP

$78,930 (Sep)
$82,465 (Oct)

$107,249 (Sep)
$109,643 (Oct)

$55,014 (Sep)
$59,344 (Oct)

$10,701 (Sep)
$11,132 (Oct)

-

Quota

543

471

83

512

176

Bids Received

759

553

157

658

297

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

Quota Premium

$84,000

PQP

$78,930 (Sep) / $82,465 (Oct)

$2,000

Quota

543

Bids Received

759

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

Quota Premium

$108,051

PQP

$107,249 (Sep) / $109,643 (Oct)

$4,949

Quota

471

Bids Received

553

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$67,001

PQP

$55,014 (Sep) / $59,344 (Oct)

$2,012

Quota

83

Bids Received

157

CAT D (MOTORCYCLE)

Quota Premium

$11,589

PQP

$10,701 (Sep) / $11,132 (Oct)

$288

Quota

512

Bids Received

658

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$107,201

PQP

-

$6,098

Quota

176

Bids Received

297

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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

10 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

24 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 1 month ago

Ks Ng

HDB is 99yr lease vs 10yr COE.

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

Reply

2 months ago

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

2 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.