May 2002

2nd Bidding

COE Prices 15/05/2002
COE Category

CAT A

CAR UP TO 1600CC & 97KW

CAT B

CAR ABOVE 1600CC OR 97KW

CAT C

GOODS VEHICLE & BUS

CAT D

MOTORCYCLE

CAT E

OPEN-ALL EXCEPT MOTORCYCLE
Quota Premium

$33,401

$38,001

$24,002

$283

$38,399
Change

$1,599

$2,000

$799

$119

$1,602
Quota

1,111

552

522

833

910
Bids Received

1,320

894

815

1,044

1,835
PQP

$32,981 (May)
$34,382 (Jun)

$34,889 (May)
$37,731 (Jun)

$23,559 (May)
$23,868 (Jun)

$580 (May)
$496 (Jun)

-

CAT A (CAR UP TO 1600CC & 97KW)

Quota Premium

$33,401

Change

$1,599

Quota

1,111

Bids Received

1,320

PQP

$32,981 (May) / $34,382 (Jun)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$38,001

Change

$2,000

Quota

552

Bids Received

894

PQP

$34,889 (May) / $37,731 (Jun)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$24,002

Change

$799

Quota

522

Bids Received

815

PQP

$23,559 (May) / $23,868 (Jun)

CAT D (MOTORCYCLE)

Quota Premium

$283

Change

$119

Quota

833

Bids Received

1,044

PQP

$580 (May) / $496 (Jun)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$38,399

Change

$1,602

Quota

910

Bids Received

1,835

PQP

-

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26 Comments

Prabakaran Gopalakrishnan
The Electric car is the next generation technology so the car companies want to clear the stock and make the way for electric vehicle. Example is the Blue SG Car renting services are running successfully in sg during the pandemic many people opted for safe travel purposes..
Reply

about 1 month ago

Azman Mohammed Noh
Yes, why are prices still increases? 💭
Reply

about 1 month ago

Henry Seah
COE quota will be short supply due to lower dereg vehicles. Wd expect future COE price to increase.
Reply

about 1 month ago

Raja Bahrin
COEs are bidded higher by car dealers disyributirs as they want to clear their stock faster. Dealers/Distributors are giving $30-40K discounts now.
Reply

4 months ago

View 1 Reply
Pk
SMEs including car dealers now have a lot of cash. Why? 7.1 billion loan out to 7000 SMEs by our banks during Apr to Jun to ease their cashflow. This is COE Inflation.
Reply

5 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.