Feb 23February 2023

2nd Bidding

Renew COE
Renew COE
COE Prices 22/02/2023
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

$86,556

$115,001

$87,790

$12,189

$118,001

$556

$9,477

$2,671

$587

$12,999

PQP

$86,723 (Feb)
$85,845 (Mar)

$108,373 (Feb)
$106,916 (Mar)

$78,703 (Feb)
$81,170 (Mar)

$11,927 (Feb)
$11,596 (Mar)

-

Quota

508

436

47

479

132

Bids Received

702

768

136

611

274

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

Quota Premium

$86,556

PQP

$86,723 (Feb) / $85,845 (Mar)

$556

Quota

508

Bids Received

702

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

Quota Premium

$115,001

PQP

$108,373 (Feb) / $106,916 (Mar)

$9,477

Quota

436

Bids Received

768

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$87,790

PQP

$78,703 (Feb) / $81,170 (Mar)

$2,671

Quota

47

Bids Received

136

CAT D (MOTORCYCLE)

Quota Premium

$12,189

PQP

$11,927 (Feb) / $11,596 (Mar)

$587

Quota

479

Bids Received

611

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$118,001

PQP

-

$12,999

Quota

132

Bids Received

274

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191 Comments

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

1 day 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 1 month 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.