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COE Open Bidding

JUNE 2024 1st Open Bidding Exercise has ended on 05/06/2024 16:00:00 hrs


Results for JUNE 2024 1st Open Bidding Exercise

Category Quota QP($)
A CAR-DETAILS AT ONEMOTORING 962 88,200
B CAR-DETAILS AT ONEMOTORING 685 100,607
C GOODS VEHICLE & BUS 230 70,589
D MOTORCYCLE 519 8,989
E OPEN-ALL EXCEPT MOTORCYCLE 183 101,600

Category Received Successful Unsuccessful Unused
A CAR-DETAILS AT ONEMOTORING 1,467 957 510 5
B CAR-DETAILS AT ONEMOTORING 974 671 303 14
C GOODS VEHICLE & BUS 334 222 112 8
D MOTORCYCLE 628 519 109 0
E OPEN-ALL EXCEPT MOTORCYCLE 319 182 137 1

NOTES

        * Quota available for bidding for Category D comprises:

        1.       518 as announced in Quota News Release for May 2024–July 2024,

        2.       0 unallocated COE from 1st bidding exercise of May 2024, and

        3.       1 expired TCOE from 1st bidding exercise of April 2024 (i.e. last day of validity on 14 May 2024).                              [net of adjustments for appeals]    

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

        1.    962/657/205/175 (Cat A/B/C/E) Quota as announced in Quota News Release for May 2024–July 2024, and

        2.    0/28/25/8 (Cat A/B/C/E) unallocated COEs from 1st bidding exercise of May 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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