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COE Open Bidding

Bidding will end on 06/03/2024 16:00:00 hrs

Bidding status as at 04/03/2024 17:38:50 hrs

Category Current COE Price ($) Quota Bids Received
A CAR-DETAILS AT ONEMOTORING 1 963 8
B CAR-DETAILS AT ONEMOTORING 1 708 13
C GOODS VEHICLE & BUS 1 200 0
D MOTORCYCLE 1 520 1
E OPEN-ALL EXCEPT MOTORCYCLE 1 159 2

NOTES

        * Quota available for bidding for Category D comprises:

        1.       517 as announced in Quota News Release for February 2024–April 2024,

        2.       2 unallocated COE from 1st bidding exercise of February 2024, and

        3.       1 expired TCOE from 1st bidding exercise of January 2024 (i.e. last day of validity on 14 February 2024).

        * Quota available for bidding for Categories A, B, C and E comprises:

        1.    935/649/195/155 (Cat A/B/C/E) Quota as announced in Quota News Release for February 2024–April 2024, and

        2.    28/59/5/4 (Cat A/B/C/E) unallocated COEs from 1st bidding exercise of February 2024.

 

  1. The details for Categories A and B are as follows:

    • Category A: CAR-DETAILS AT ONEMOTORING

      For COEs obtained before the May 2022 1st COE bidding exercise:
      Car with engine capacity up to 1,600cc and Maximum Power Output up to 97kW (130bhp)

      For COEs obtained from the May 2022 1st COE bidding exercise onwards:
      Non-fully electric cars with engines up to 1,600cc and Maximum Power Output up to 97kW (130bhp); and fully electric cars with Maximum Power Output up to 110kW (147bhp)

    • Category B: CAR-DETAILS AT ONEMOTORING

      For COEs obtained before the May 2022 1st COE bidding exercise:
      Car with engine capacity above 1,600cc or Maximum Power Output above 97kW (130bhp)

      For COEs obtained from the May 2022 1st COE bidding exercise onwards:
      Non-fully electric cars with engines above 1,600cc or Maximum Power Output above 97kW (130bhp); and fully electric cars with Maximum Power Output above 110kW (147bhp)
       
  2. Temporary Certificates of Entitlement (TCOEs) for Categories A, B and D (for Category D TCOEs obtained before the March 2022 2nd COE bidding exercise) are valid for 6 months. For example:
    • A Category A TCOE obtained during the January 2022 1st COE bidding exercise will be valid until 14 July 2022
    • A Category A TCOE obtained during the January 2022 2nd COE bidding exercise will be valid until 31 July 2022
  3. TCOEs for Categories C, D (for Category D TCOEs obtained from the March 2022 2nd COE bidding exercise onwards and before the May 2023 1st COE bidding exercise) and E are valid for 3 months. For example:
    • A Category E TCOE obtained during the January 2022 1st COE bidding exercise will be valid until 14 April 2022
    • A Category E TCOE obtained during the January 2022 2nd COE bidding exercise will be valid until 30 April 2022
  4. TCOEs for Category D obtained from the May 2023 1st COE bidding exercise onwards are valid for 1 month. For example:
    • A Category D TCOE obtained during the May 2023 1st COE bidding exercise will be valid until 14 June 2023
    • A Category D TCOE obtained during the May 2023 2nd COE bidding exercise will be valid until 30 June 2023
  5. Cars registered using TCOEs obtained from the February 2014 1st COE bidding exercise onwards but before the May 2022 1st COE bidding exercise will pay PQP for COE renewals based on the following: 
    • Car with engine capacity up to 1,600cc and Maximum Power Output up to 97kW (130bhp) - pay Category A PQP
    • Car with engine capacity above 1,600cc or Maximum Power Output above 97kW (130bhp) - pay Category B PQP
  6. Cars registered using TCOEs obtained from the May 2022 1st COE bidding exercise onwards will pay PQP for COE renewals based on the following: 
    • Non-fully electric cars with engines up to 1,600cc and Maximum Power Output up to 97kW (130bhp); and fully electric cars with Maximum Power Output up to 110kW (147bhp) - pay Category A PQP
    • Non-fully electric cars with engines above 1,600cc or Maximum Power Output above 97kW (130bhp); and fully electric cars with Maximum Power Output above 110kW (147bhp) - pay Category B PQP

 

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