COE Prices Climb For All Categories

Posted by clifford chow
22 Jul 2021

The impending reduction of quotas, and the recent spike in demand at car showrooms are contributors to the climb in COE prices. Category B takes the larger hit of the two car categories.

For those who are keen to do a COE renewal, click here to apply, and enjoy an affordable repayment scheme for your COE loan.

Category A (cars 1,600cc and below, and have a maximum power of 130bhp),
Quota of 836 @ $47,010, up from $45,001,

Category B (cars above 1,600cc, or have more than 130bhp),
Quota of 819 @ $59,501, up from $56,100, 

Commercial Vehicle Category C,
Quota of 166 @ $39,523, up from $38,900,

Motorcycle Category D,
Quota of 655 @ $8,689, up from $8,502,

Open Category E (All but motorcycles),
Quota of 267 @ $60,001, up from $57,700,

Bids can be submitted through the Automated Teller Machines (ATMs) of DBS/POSB and the Internet Banking facilities of UOB or Maybank. Do ensure that you have bank accounts with these participating banks.

The bid deposit for COEs in Categories A, B, C and E is $10,000 per bid while that for Category D is $200 per bid.


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