Jul 23July 2023

1st Bidding

Renew COE
Renew COE
COE Prices 05/07/2023
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

$97,000

$118,002

$82,223

$10,090

$121,000

$794

$2,998

$917

$619

$2,000

PQP

$97,905 (Jul)

$118,921 (Jul)

$78,361 (Jul)

$10,249 (Jul)

-

Quota

588

471

77

579

130

Bids Received

756

594

147

846

217

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

Quota Premium

$97,000

PQP

$97,905 (Jul)

$794

Quota

588

Bids Received

756

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

Quota Premium

$118,002

PQP

$118,921 (Jul)

$2,998

Quota

471

Bids Received

594

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$82,223

PQP

$78,361 (Jul)

$917

Quota

77

Bids Received

147

CAT D (MOTORCYCLE)

Quota Premium

$10,090

PQP

$10,249 (Jul)

$619

Quota

579

Bids Received

846

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$121,000

PQP

-

$2,000

Quota

130

Bids Received

217

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192 Comments

Johnnyjoeballing
only the broke people complaining
Reply

10 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

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

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.