COE Prices and Bidding Results 2002 October, 2nd Bidding

Oct 02October 2002

2nd Bidding

COE Prices 15/10/2002
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	$30,758	$30,811	$16,819	$22	$30,801
	$576	$984	$762	$14	$188
PQP	$30,449 (Oct) $30,430 (Nov)	$30,852 (Oct) $31,021 (Nov)	$16,686 (Oct) $16,687 (Nov)	$72 (Oct) $55 (Nov)	-
Quota	1,112	552	523	832	910
Bids Received	1,624	850	651	907	1,377

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

Quota Premium

$30,758

PQP

$30,449 (Oct) / $30,430 (Nov)

$576

Quota

1,112

Bids Received

1,624

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

Quota Premium

$30,811

PQP

$30,852 (Oct) / $31,021 (Nov)

$984

Quota

552

Bids Received

850

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$16,819

PQP

$16,686 (Oct) / $16,687 (Nov)

$762

Quota

523

Bids Received

651

CAT D (MOTORCYCLE)

Quota Premium

$22

PQP

$72 (Oct) / $55 (Nov)

$14

Quota

832

Bids Received

907

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$30,801

PQP

$188

Quota

910

Bids Received

1,377

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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

Like Reply

8 days ago

Kok Wee Leow

Why kill the golden goose who lay eggs ?

Like Reply

25 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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9 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.