COE Open Bidding Results: MARCH 2020 1st Open Bidding Exercise

05 March, 2020

MARCH 2020 1st Open Bidding Exercise has ended on 04/03/2020 16:00:00 hrs

Results for MARCH 2020 1st Open Bidding Exercise

Category Current COE Price ($) Quota Bids Received
A CAR UP TO 1600CC & 97KW 32,699 978 1,436
B CAR ABOVE 1600CC OR 97KW 32,801 987 1,347
C GOODS VEHICLE & BUS 24,202 315 504
D MOTORCYCLE 4,310 593 785
E OPEN-ALL EXCEPT MOTORCYCLE 32,500 333 512

QP: Quota Premium

PQP: Prevailing Quota Premium

NOTES

  1. COEs for categories A, B and D are valid for 6 months. For examples:
    • A Category A TCOE obtained from May 2017 1st COE bidding exercise will be valid until 14 November 2017
    • A Category A TCOE obtained from May 2017 2nd COE bidding exercise will be valid until 30 November 2017
  2. COEs for categories C and E are valid for 3 months. For examples:
    • A Category E TCOE obtained from May 2017 1st COE bidding exercise will be valid until 14 August 2017
    • A Category E TCOE obtained from May 2017 2nd COE bidding exercise will be valid until 31 August 2017
  3. Cars registered using TCOEs obtained before February 2014 1st COE bidding exercise will pay PQP for COE renewals based on the following:
    • Cars with engine capacity 1,600cc & below – pay Category A PQP
    • Cars with engine capacity 1,601cc & above – pay Category B PQP

Source: One Motoring