Mar 24March 2024

2nd Bidding

Renew COE
Renew COE
COE Prices 20/03/2024
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

$85,489

$96,011

$70,112

$9,689

$95,856

$2,489

$1

$5,487

$289

$846

PQP

$79,237 (Mar)
$78,482 (Apr)

$106,075 (Mar)
$98,062 (Apr)

$70,171 (Mar)
$71,053 (Apr)

$9,248 (Mar)
$9,286 (Apr)

-

Quota

936

656

202

521

157

Bids Received

1,922

1,066

313

629

256

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

Quota Premium

$85,489

PQP

$79,237 (Mar) / $78,482 (Apr)

$2,489

Quota

936

Bids Received

1,922

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

Quota Premium

$96,011

PQP

$106,075 (Mar) / $98,062 (Apr)

$1

Quota

656

Bids Received

1,066

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$70,112

PQP

$70,171 (Mar) / $71,053 (Apr)

$5,487

Quota

202

Bids Received

313

CAT D (MOTORCYCLE)

Quota Premium

$9,689

PQP

$9,248 (Mar) / $9,286 (Apr)

$289

Quota

521

Bids Received

629

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$95,856

PQP

-

$846

Quota

157

Bids Received

256

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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.