May 24May 2024

1st Bidding

Renew COE
Renew COE
COE Prices 08/05/2024
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

$93,604

$105,002

$70,001

$9,503

$104,689

$406

$3,001

$1,499

$487

$1,440

PQP

$84,550 (May)

$99,116 (May)

$71,120 (May)

$9,547 (May)

-

Quota

968

666

206

528

177

Bids Received

1,632

1,237

350

630

317

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

Quota Premium

$93,604

PQP

$84,550 (May)

$406

Quota

968

Bids Received

1,632

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

Quota Premium

$105,002

PQP

$99,116 (May)

$3,001

Quota

666

Bids Received

1,237

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$70,001

PQP

$71,120 (May)

$1,499

Quota

206

Bids Received

350

CAT D (MOTORCYCLE)

Quota Premium

$9,503

PQP

$9,547 (May)

$487

Quota

528

Bids Received

630

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$104,689

PQP

-

$1,440

Quota

177

Bids Received

317

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188 Comments

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

7 days 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

21 days ago

Deen
COE - A scam by the govt. to extort 70% of the value from car-owners , that too by instant cash ! Not even instalment basis. Burgers ! HaHa ;)
Reply

about 1 month ago

Ks Ng

HDB is 99yr lease vs 10yr COE.

$1m COE (expense) for 99yr of depreciating car ownership.

Reply

2 months ago

Tan Sek Hee
Everybody need a hdb to stay but you can take public transport mrt correct
Reply

2 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.