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COE Prices and Latest Bidding Results

COE Bidding Results on 22 Sep 2021
Category CAT A CAT B CAT C CAT E
Cars up to 1600cc and 130bhp Cars above 1600cc or 130bhp Goods Vehicle & Bus Open
Quota Premium $48,000 $68,310 $39,000 $70,002
Change $1,000 $5,710 $1,001 $5,302
Prevailing Quota Premium    

$46,704 (Sep)

$46,482 (Oct)

               

$58,124 (Sep)

$60,586 (Oct)

   

$39,171 (Sep)

$40,004 (Oct)

-
Quota 803 772 120 198
Total Bids Received 1,040 1,189 203 400

 

Quota Premium (QP) is the amount of the successful COE bid

Prevailing Quota Premium (PQP) is the 3-month computed average of COE prices and the amount to be paid required for COE renewal

Quota is the number of COE allotted

Total Bids Received is the number of bidders participating in the existing COE bidding cycle

 

 

What is COE?

The Certificate of Entitlement (COE) grants the owner the legal right to register and drive their vehicle in Singapore for a period of 10 years. Hinged on demand and supply, the cost of COE fluctuates and affects the price to own a car.

After 10 years, you have the option to renew the COE on your vehicle, and you will be entitled to a COE rebate on your COE renewal price. However, if you deregister your car before the 10-year mark, you are eligible for BOTH COE rebate and Preferential Additional Registration Fee (PARF) rebate — intended to recoup the initial Additional Registration Fee (ARF) paid during car registration. The amount of the rebate will vary on the type and age of your car, as well as the COE’s expiry date.