May 23May 2023

2nd Bidding

Renew COE
Renew COE
COE Prices 17/05/2023
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

$92,000

$113,034

$77,501

$10,602

$125,000

$9,001

$6,365

$1,912

$5,600

$998
PQP

$92,381 (May)
$95,788 (Jun)

$115,270 (May)
$117,255 (Jun)

$83,589 (May)
$80,286 (Jun)

$12,061 (May)
$10,696 (Jun)

-
Quota

596

480

72

571

125
Bids Received

936

713

148

1,438

301

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

Quota Premium

$92,000

PQP

$92,381 (May) / $95,788 (Jun)

$9,001

Quota

596

Bids Received

936

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

Quota Premium

$113,034

PQP

$115,270 (May) / $117,255 (Jun)

$6,365

Quota

480

Bids Received

713

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$77,501

PQP

$83,589 (May) / $80,286 (Jun)

$1,912

Quota

72

Bids Received

148

CAT D (MOTORCYCLE)

Quota Premium

$10,602

PQP

$12,061 (May) / $10,696 (Jun)

$5,600

Quota

571

Bids Received

1,438

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$125,000

PQP

-

$998

Quota

125

Bids Received

301

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178 Comments

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

28 days 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

5 months ago

Mohamed Faruk
Because of phv car price high stop phv
Reply

7 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

7 months ago

Jeffrey
stop using phv use taxi then those phv company will die then they will cut down phv and sell their cars then 2nd hand market will fall due to high supply then coe will fall due to cheap 2nd hand cars in the market then hahaha
Reply

7 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.