Jul 23July 2023

2nd Bidding

Renew COE
Renew COE
COE Prices 19/07/2023
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

$95,202

$118,001

$82,001

$10,501

$122,110

$1,798

$1

$222

$411

$1,110

PQP

$97,905 (Jul)
$96,569 (Aug)

$118,921 (Jul)
$118,357 (Aug)

$78,361 (Jul)
$80,376 (Aug)

$10,249 (Jul)
$9,651 (Aug)

-

Quota

581

462

69

551

129

Bids Received

728

602

133

840

243

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

Quota Premium

$95,202

PQP

$97,905 (Jul) / $96,569 (Aug)

$1,798

Quota

581

Bids Received

728

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

Quota Premium

$118,001

PQP

$118,921 (Jul) / $118,357 (Aug)

$1

Quota

462

Bids Received

602

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$82,001

PQP

$78,361 (Jul) / $80,376 (Aug)

$222

Quota

69

Bids Received

133

CAT D (MOTORCYCLE)

Quota Premium

$10,501

PQP

$10,249 (Jul) / $9,651 (Aug)

$411

Quota

551

Bids Received

840

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$122,110

PQP

-

$1,110

Quota

129

Bids Received

243

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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.