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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42 Comments

şerifcan Bora
Reduce motorbike quota. Too many on road and paying damn less tax.
Reply

4 days ago

Andy Lin
Bike COE dropped
Reply

5 days ago

Jonn Tan
home prices are even worse. my landlords increase sale price by 15% due to demand for pte residential and landed. prior to increase if sold at the original price, landlords would have made between 1 to 3million dollars, WHY NOT LEGISLATE CAPITAL GAIN TAX to deter more purchases to help poor IRAS to make more money and then use it for both social and community support to low income earners and who stay only in HDB flats. CAPITAL GAIN TAX should apply to all homes be it HDB, private, commercial and industrial, Commercial especially shophouses can make millions within a year and there is no ABSD AND SSD, that is why so many foreigners prefer to buy shophouses
Reply

about 2 months ago

Allen Loo
Who will buy car at such high price? Nobody buy car, gov. Will need to release more coe..Demand vs Supply logic
Reply

about 2 months ago

Jeff Lim
Heard that dealers are made to pay $200 in penalty if the COE is not utilized in 6 month. Should this be made a certain % of the COE price instead to prevent indiscriminate bidding? Eg 25% or even 50%?
Reply

3 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.