COE Prices and Bidding Results 2002 September, 2nd Bidding

Sep 02September 2002

2nd Bidding

COE Prices 15/09/2002
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	$28,409	$28,009	$16,409	$21	$29,499
	$2,092	$3,608	$6	$31	$1,994
PQP	$31,179 (Sep) $30,449 (Oct)	$31,831 (Sep) $30,852 (Oct)	$18,423 (Sep) $16,686 (Oct)	$94 (Sep) $72 (Oct)	-
Quota	1,120	569	505	838	936
Bids Received	1,286	756	615	872	1,438

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

Quota Premium

$28,409

PQP

$31,179 (Sep) / $30,449 (Oct)

$2,092

Quota

1,120

Bids Received

1,286

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

Quota Premium

$28,009

PQP

$31,831 (Sep) / $30,852 (Oct)

$3,608

Quota

569

Bids Received

756

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$16,409

PQP

$18,423 (Sep) / $16,686 (Oct)

Quota

505

Bids Received

615

CAT D (MOTORCYCLE)

Quota Premium

$21

PQP

$94 (Sep) / $72 (Oct)

$31

Quota

838

Bids Received

872

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$29,499

PQP

$1,994

Quota

936

Bids Received

1,438

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196 Comments

Kuldip

Neighborhood businesses that need vehicles are being priced out by COE and fuel costs. I know first hand of food stallholders who shut down because of the increased costs. I believe other businesses and caregivers also affected and hollow out neighbourhood support shops. It is parliament and not citizens job to sort this out.⁰⁰⁰

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4 days ago

Kok Wee Leow

Why kill the golden goose who lay eggs ?

Like Reply

21 days ago

Jim Chia

COE system no need to tweak churning SGD unless there are a shortchanged like bhp.

Like Reply

4 months ago

Lelasham

How about, deposit a fix amount. Once deadline close, the garmen set the COE price. The results of who gets is based on ballot

Like Reply

8 months ago

Johnnyjoeballing

only the broke people complaining

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8 months ago

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Glossary

Quota Premium	Price of the successful COE bid.
Change	Difference between current price of COE and the previous price.
Quota	Number of COE issued.
Bids Received	Number 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.