Aug 24August 2024

2nd Bidding

Renew COE
Renew COE
COE Prices 21/08/2024
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

$93,900

$105,889

$72,400

$9,310

$106,001

$389

$212

$1,300

$291

$762

PQP

$91,383 (Aug)
$91,697 (Sep)

$102,423 (Aug)
$102,639 (Sep)

$70,516 (Aug)
$70,766 (Sep)

$9,133 (Aug)
$9,149 (Sep)

-

Quota

978

686

216

523

173

Bids Received

1,314

985

333

614

350

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

Quota Premium

$93,900

PQP

$91,383 (Aug) / $91,697 (Sep)

$389

Quota

978

Bids Received

1,314

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

Quota Premium

$105,889

PQP

$102,423 (Aug) / $102,639 (Sep)

$212

Quota

686

Bids Received

985

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$72,400

PQP

$70,516 (Aug) / $70,766 (Sep)

$1,300

Quota

216

Bids Received

333

CAT D (MOTORCYCLE)

Quota Premium

$9,310

PQP

$9,133 (Aug) / $9,149 (Sep)

$291

Quota

523

Bids Received

614

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$106,001

PQP

-

$762

Quota

173

Bids Received

350

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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

26 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

about 1 month 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

2 months ago

Ks Ng

HDB is 99yr lease vs 10yr COE.

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

Reply

3 months ago

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

3 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.