Feb 23February 2023

1st Bidding

Renew COE
Renew COE
COE Prices 08/02/2023
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

$86,000

$105,524

$85,119

$11,602

$105,002

-

$65

$8,010

$501

$1,998

PQP

$86,723 (Feb)

$108,373 (Feb)

$78,703 (Feb)

$11,927 (Feb)

-

Quota

509

430

44

477

129

Bids Received

663

580

108

594

229

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

Quota Premium

$86,000

PQP

$86,723 (Feb)

-

Quota

509

Bids Received

663

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

Quota Premium

$105,524

PQP

$108,373 (Feb)

$65

Quota

430

Bids Received

580

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$85,119

PQP

$78,703 (Feb)

$8,010

Quota

44

Bids Received

108

CAT D (MOTORCYCLE)

Quota Premium

$11,602

PQP

$11,927 (Feb)

$501

Quota

477

Bids Received

594

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$105,002

PQP

-

$1,998

Quota

129

Bids Received

229

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192 Comments

Johnnyjoeballing
only the broke people complaining
Reply

21 days ago

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

about 1 month ago

Melvin Cheong
Ridiculous COE issue is 1 garment won't want to address
Reply

2 months ago

Dylan Ng
Call all go in? sardines
Reply

3 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

6 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.