In summary, you’ll have to pay the Prevailing Quota Premium (PQP) for your vehicle category to renew your COE. PQP is the moving average of COE prices in the last 3 months. It varies monthly depending on the COE prices in the bidding exercises conducted in the last 3 months. You can renew your CEO for a period of 5 or 10 years. If you want to renew your vehicle for 5 years, you need to pay 50% of the PQP. However, vehicles under Categories A to D can only renew its COE for 5 years once and when the 5-year renewal period is over, it cannot be renewed and your vehicle would have to be deregistered. Motorcycles fall under Category D. If you’re renewing for 10 years, you’ll have to pay the full price of PQP.

If you are looking to reloan your motorcycle COE, do head to this article for more information. https://www.motorist.sg/article/718/5-things-you-should-know-before-renewing-your-motorcycle-coe

There’s no limit to how many times you can renew your COE in 10-year periods for vehicles with no statutory life spans (i.e Categories A, B, D). Vehicles that have reached the end of their statutory lifespan can no longer renew their COE.

There are 3 ways to renew your COE.

1. Online

a. You will need a sufficient amount in your bank account, and the payment limit for the amount you are paying.

b. An Internet Banking Account with Citibank, DBS, POSB, OCBC Plus!, Standard Chartered Bank or UOB (eNets Debit)

- Renew your COE here: https://vrl.lta.gov.sg/lta/vrl/action/pubfunc?ID=RenewCOE

2. By post.

a. Complete the application form and mail it with your PQP payment to the following address:

Land Transport Authority (LTA)

Customer Service Centre

10 Sin Ming Drive

Singapore 575701

Ensure that your form and payment reach LTA before your COE expires

If you are paying by cheque, make the cheque payable to "LAND TRANSPORT AUTHORITY" and cross "A/C Payee Only". Please write your vehicle number(s) and contact number on the reverse side of your cheque. Post-dated cheques will not be accepted.

If your COE has expired, LTA only accepts cashier's orders. Please do not send cash payment by post.

The COE renewal application date is the date that LTA receives the application. The PQP rates you pay will be based on the application date or the COE expiry date, whichever is earlier. If LTA has not received the application, showing that you have mailed it out does not count as proof of the application.

3. At LTA Customer Service Centre

a. Complete the application form and submit it along with your PQP payment to the LTA Customer Service Centre at 10 Sin Ming Drive 575701

- If your COE hasn’t expired yet, you may pay by:

o Cash

o Cashier’s order

o Nets or Diners Club card (If the payment does not exceed the daily transaction limit set by the bank)

o Cheque*

- If your COE has expired, you will be charged with a renewal fee in addition to your PQP. You may pay by:

o Cash

o Cashier’s order

o Nets or Diners Club card (If the payment does not exceed the daily transaction limit set by the bank)

Application form: https://www.onemotoring.com.sg/content/dam/onemotoring/Forms/Q02.pdf

Source: LTA