LATEST COE RESULTS SINGAPORE
LATEST 2021 COE PRICES & BIDDING RESULTS IN SINGAPORE FOR CAR OWNERS & CAR DEALERS
HOW TO ASSESS THE VALUE OF YOUR COE?
CERTIFICATE OF ENTITLEMENT (COE)
In Singapore COE is a must have certification to own and operate a vehicle for 10 years. After 10 years, the owner can choose to renew/extend this certification for another 5 years or 10 years and the price will be under Prevaliling Quota Premium (PQP) which is the moving average of the past three months.
If you renew your vehicle for another 5 years once it is up you must scrap your vehicle.
If you renew your vehicle for another 10 years you can renew again after that for another 5 years or 10 years.
There are total of five different catergories and to own and operate a vehicle you need a COE of the matching category:
Category A – Cars with engine capacity of 1600 CC and below
Category B – Cars with engine capacity exceeding 1600 CC
Category C – Goods carrying vehicles and buses
Category D – Motorcycles
Category E – This is an “open category” COE, which can be used for all of the above.
Note that the categories cannot cross each other (e.g buying a Catergory D Motorcycle and Drive a Catergory A Car)
COE PRICES, BIDDING & RESULTS
Every month there will be two bidding excercies starting from the first Monday and third of the month. It will be starting from Monday 12pm and ends on Wednesday 4pm.
There will be exceptions made if any public holidays happening in between Monday to Wednesday for the bidding week. Such as during 2020 covid situations there were no bidding exercise from April 2020 to June 2020 for 3 months.