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Jun 16, 2024 · Amount payable to renew COE depends on the monthly Prevailing Quota Premium (PQP) rates.
Pay the Prevailing Quota Premium (PQP) for your vehicle category to renew your COE. The PQP is the moving average of the Quota Premium (QP) in the last 3 months, and varies monthly depending on the QP in the bidding exercises conducted in the last 3 months.
Prevailing Quota Premiums (PQP) For those who wish to keep your vehicle registered beyond it’s current COE expiry date, you will need to renew the COE by paying the applicable PQP for your vehicle. The PQP is the moving average of the COE prices (QPs) in the last 3 months and varies from month to month. Thinking of renewing your COE for your ...
In Singapore, all vehicles require a Certificate of Entitlement (COE). The price of the COE for a particular vehicle is termed the "Quota Premium" (QP). You may also have encountered the term "Prevailing Quota Premium" (PQP).
The information on the Prevailing Quota Premium (PQP) payable for registration of a Category C Replacement Vehicle ("Replacement Vehicle") under the Early Turnover Scheme provided via this e-Service is an estimate based on the current status of the Existing Vehicle and the PQP amount provided by the applicant (if the PQP rate is not available ...
With the Early Turnover Scheme (ETS), you enjoy discounted Prevailing Quota Premium (PQP) for your Certificate of Entitlement (COE) when you replace your existing vehicle with a more environmentally friendly model.
At the end of the 10-year COE period, you can choose to deregister your vehicle, or renew your COE by paying the Prevailing Quota Premium (PQP) for your vehicle category. The PQP is the moving average of COE prices in the last 3 months. Open bidding exercises.
