Search results
Oct 1, 2024 · Amount payable to renew COE depends on the monthly Prevailing Quota Premium (PQP) rates.
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 ...
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.
Oct 1, 2024 · The PQP payable for cars registered using COEs obtained from the May 2022 first bidding exercise onwards will be based on the following: A - Car, except fully electric car, with engine capacity up to 1,600cc and Maximum Power Output up to 97kW (130bhp); and fully electric car with Maximum Power Output up to 110kW (147bhp)
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).
Sep 1, 2007 · The term PQP refers to the amount required to extend or renew the COE for a vehicle already in use. Unlike buying a new vehicle, one does not need to bid for COE when buying a used vehicle; instead, all you need to do is to pay the PQP and the COE will be extended or renewed.
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.
