COE Prices and Bidding Results 2002 October, 1st Bidding

Oct 02October 2002

1st Bidding

COE Prices 01/10/2002
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	$31,334	$31,795	$17,581	$36	$30,989
	$2,925	$3,786	$1,172	$15	$1,490
PQP	$30,449 (Oct)	$30,852 (Oct)	$16,686 (Oct)	$72 (Oct)	-
Quota	1,115	553	508	839	917
Bids Received	1,889	917	682	1,061	1,501

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

Quota Premium

$31,334

PQP

$30,449 (Oct)

$2,925

Quota

1,115

Bids Received

1,889

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

Quota Premium

$31,795

PQP

$30,852 (Oct)

$3,786

Quota

553

Bids Received

917

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$17,581

PQP

$16,686 (Oct)

$1,172

Quota

508

Bids Received

682

CAT D (MOTORCYCLE)

Quota Premium

$36

PQP

$72 (Oct)

$15

Quota

839

Bids Received

1,061

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$30,989

PQP

$1,490

Quota

917

Bids Received

1,501

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197 Comments

Ks Lim

I am sure there is a lot of good ideas, some seems very workable, but our Gov need all these easy money to pay CDC GST vouchers, build more highways, more viaducts and now more salaries (you know what I am saying). So, those still want to own these expensive cars, just suck it up and pay the bill Period.

Like Reply

1 day ago

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

Like Reply

14 days ago

Kok Wee Leow

Why kill the golden goose who lay eggs ?

Like Reply

about 1 month ago

Jim Chia

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

Like Reply

5 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

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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.