Aug 24August 2024

1st Bidding

Renew COE
Renew COE
COE Prices 07/08/2024
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

$94,289

$106,101

$71,100

$9,601

$105,239

$2,390

$6,101

$499

$512

$4,898

PQP

$91,383 (Aug)

$102,423 (Aug)

$70,516 (Aug)

$9,133 (Aug)

-

Quota

1,013

663

218

517

178

Bids Received

1,570

1,150

312

599

322

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

Quota Premium

$94,289

PQP

$91,383 (Aug)

$2,390

Quota

1,013

Bids Received

1,570

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

Quota Premium

$106,101

PQP

$102,423 (Aug)

$6,101

Quota

663

Bids Received

1,150

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$71,100

PQP

$70,516 (Aug)

$499

Quota

218

Bids Received

312

CAT D (MOTORCYCLE)

Quota Premium

$9,601

PQP

$9,133 (Aug)

$512

Quota

517

Bids Received

599

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$105,239

PQP

-

$4,898

Quota

178

Bids Received

322

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191 Comments

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

13 days 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 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

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.