Results of November 2012 Second Open Bidding Exercise for Certificates Of Entitlement

News Releases 21 Nov 2012 COE bidding

The Land Transport Authority (LTA) received 2,156 bids at the end of the November second open bidding exercise for Certificates of Entitlement (COEs).  Of these, 1,603 were successful.  Detailed results of the tender as follows:



Quota Premium

Total Bids Received

Number of Successful Bids

Unused Quota carried forward


Category A
(Cars 1,600cc and below)






Category B
(Cars 1,601cc and above)



487 342 9

Category D (Motorcycles)



523 441 7


Category C
(Goods vehicles and buses)



254 177 2

Category E



352 250 8

COE results for previous bidding exercises can be found on the “Facts and Figures” section of the One.Motoring website (

Bidders can use the Temporary Certificates of Entitlement (TCOEs) obtained from this bidding exercise upon receipt of the TCOE notification letters. The non-transferable TCOEs will be valid till 31 May 2013.  The transferable TCOEs will be valid till 28 February 2013.  TCOEs issued to companies are not transferable.

Successful applicants will be notified within the week. The COE bid deposits of unsuccessful applicants will be credited into their bank accounts by their respective banks. Bidders can check the status of their bid applications through the following channels:

•     LTA Open Bidding Phone System1 (Tel: 6362 1465)
•     LTA Open Bidding website (
•     Citibank Internet Banking (
•     OCBC Phone Banking (Tel: 1800- 363 3333)
•     UOB Internet Banking (

Bidders can check the status of their bid applications via the LTA Open Bidding website and the LTA Open Bidding Phone System, which is available until 6.00 pm on Friday, 23 November 2012.

If a vehicle is de-registered before its COE expires, the vehicle’s registered owner may be granted a rebate on the Quota Premium (QP) paid, pro-rated to the number of months and days remaining on the vehicle’s COE. For vehicles registered using Category E (Open) COEs, the rebate will be based on the QP of Category E, or its corresponding category from the same bidding exercise, whichever is lower.

Prevailing Quota Premiums for Existing Vehicles

Owners of existing vehicles can renew their COEs by paying the Prevailing Quota Premium (PQP), which is a moving average of the quota premium of the respective vehicle categories over the last 3 months, i.e. from the September 2012 to November 2012 bidding exercises. Owners of existing vehicles can renew their COEs using the PQP for December 2012 with effect from Friday, 23 November 2012.

The PQP for the four categories for the month of December 2012 are as follows:

Prevailing Quota Premiums


November 2012


Category A (Cars 1,600cc and below, and taxis)




Category B (Cars 1,601cc and above)




Category C (Goods vehicles and buses)




Category D (Motorcycles)




Application forms for renewal of COEs are available at LTA, 10 Sin Ming Drive, and can also be downloaded from our website at

1 LTA will cease the LTA Open Bidding Phone System with effect from the January 2013 first bidding exercise. Bidders may continue to enquire and revise their bids through the banks’ services and the LTA Open Bidding website. For more information, please visit

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