May 02May 2002

1st Bidding

Renew COE
Renew COE
COE Prices 01/05/2002
COE Category

CAT A

Car ≤ 1600cc & 130bhp, or 110kW

CAT B

Car > 1600cc & 130bhp, or 110kW

CAT C

Goods vehicle & bus

CAT D

Motorcycle

CAT E

Open - all except motorcycle

Quota Premium

$35,000

$40,001

$24,801

$402

$40,001

$1,000

$2,100

$800

$7

$2,042

PQP

$32,981 (May)

$34,889 (May)

$23,559 (May)

$580 (May)

-

Quota

1,128

560

506

836

960

Bids Received

1,705

1,043

900

976

1,880

CAT A (CARS ≤ 1600cc & 130bhp, or 110kW)

Quota Premium

$35,000

PQP

$32,981 (May)

$1,000

Quota

1,128

Bids Received

1,705

CAT B (CARS > 1,600cc or 130bhp, or 110kW)

Quota Premium

$40,001

PQP

$34,889 (May)

$2,100

Quota

560

Bids Received

1,043

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$24,801

PQP

$23,559 (May)

$800

Quota

506

Bids Received

900

CAT D (MOTORCYCLE)

Quota Premium

$402

PQP

$580 (May)

$7

Quota

836

Bids Received

976

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$40,001

PQP

-

$2,042

Quota

960

Bids Received

1,880

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187 Comments

Dennis Gan

COE a piece of paper can cost over 100k. No wonder our neighbours country comment our government easy earn money from citizens.

Government should divide 2 categories. COE A for taxi and Grab companies to bid and COE B should for normal car (refer to household need car) to bid. Like this COE will not be spike because of taxi and Grab company massive bid COE

Reply

6 days ago

Deen
COE - A scam by the govt. to extort 70% of the value from car-owners , that too by instant cash ! Not even instalment basis. Burgers ! HaHa ;)
Reply

26 days ago

Ks Ng

HDB is 99yr lease vs 10yr COE.

$1m COE (expense) for 99yr of depreciating car ownership.

Reply

about 2 months ago

Tan Sek Hee
Everybody need a hdb to stay but you can take public transport mrt correct
Reply

about 2 months ago

Roger Poh
If HDB can draw lots for the flats, Gov can do the same for cars. Also, limit one household one car. This will make cars more affordable to the ordinary person. Right now, the system favours the wealthy; the rest of you get lost. Inclusive society? Haha
Reply

2 months ago

Glossary

Quota PremiumPrice of the successful COE bid.
ChangeDifference between current price of COE and the previous price.
QuotaNumber of COE issued.
Bids ReceivedNumber of bidders participating in this COE bidding round.
Prevailing Quota Premium (PQP)Amount to be paid for COE renewal. Computed from 3-month moving average of COE prices.