Feb 23February 2023

2nd Bidding

Renew COE
Renew COE
COE Prices 22/02/2023
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

$86,556

$115,001

$87,790

$12,189

$118,001

$556

$9,477

$2,671

$587

$12,999
PQP

$86,723 (Feb)
$85,845 (Mar)

$108,373 (Feb)
$106,916 (Mar)

$78,703 (Feb)
$81,170 (Mar)

$11,927 (Feb)
$11,596 (Mar)

-
Quota

508

436

47

479

132
Bids Received

702

768

136

611

274

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

Quota Premium

$86,556

PQP

$86,723 (Feb) / $85,845 (Mar)

$556

Quota

508

Bids Received

702

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

Quota Premium

$115,001

PQP

$108,373 (Feb) / $106,916 (Mar)

$9,477

Quota

436

Bids Received

768

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$87,790

PQP

$78,703 (Feb) / $81,170 (Mar)

$2,671

Quota

47

Bids Received

136

CAT D (MOTORCYCLE)

Quota Premium

$12,189

PQP

$11,927 (Feb) / $11,596 (Mar)

$587

Quota

479

Bids Received

611

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$118,001

PQP

-

$12,999

Quota

132

Bids Received

274

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179 Comments

Typicalkiasu
Singapore being named the luxury city to live in, so goes for owning a car bcz it also luxurious to pay just a paper for 100k LOL !
Reply

about 1 month ago

Muhammad Helmi
Phv/rental should have their own coe.
Reply

2 months ago

Iblis Setan
1. A sure win mechanism will it be abolish unless to plug loophole. 2. All car dealers will try all gimmicks to meet their sales barometer. 3. End users not all can rely public transport even point A to B vice-versa PHV or taxi already a toll on your daily income unless MRT and bus yet sacrifices your time. 4. End of day cannot have all goodness need to sacrifice, you want A give up B or B give up A.
Reply

7 months ago

Mohamed Faruk
Because of phv car price high stop phv
Reply

8 months ago

View 1 Reply
Fendy Saadon
I used to own a car for more than 10 yrs. Threw in the towel in 2016. Don't be too fixated in owning a car. Even now price so high ppl still buy car. Imagine if everyone can afford a car, road will start to jam up. Come out carpark, jam start. Switch to bmw, taxi or car sharing.. govt will never lower its stance.
Reply

8 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.