COE Prices and Bidding Results 2002 November, 2nd Bidding

Nov 02November 2002

2nd Bidding

COE Prices 15/11/2002
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	$29,008	$28,001	$13,789	$1	$28,005
	$105	$334	$1,206	$9	$6
PQP	$30,430 (Nov) $29,854 (Dec)	$31,021 (Nov) $29,650 (Dec)	$16,687 (Nov) $16,000 (Dec)	$55 (Nov) $24 (Dec)	-
Quota	1,334	663	576	835	1,095
Bids Received	1,942	879	736	676	1,445

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

Quota Premium

$29,008

PQP

$30,430 (Nov) / $29,854 (Dec)

$105

Quota

1,334

Bids Received

1,942

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

Quota Premium

$28,001

PQP

$31,021 (Nov) / $29,650 (Dec)

$334

Quota

663

Bids Received

879

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$13,789

PQP

$16,687 (Nov) / $16,000 (Dec)

$1,206

Quota

576

Bids Received

736

CAT D (MOTORCYCLE)

Quota Premium

PQP

$55 (Nov) / $24 (Dec)

Quota

835

Bids Received

676

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$28,005

PQP

Quota

1,095

Bids Received

1,445

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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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12 days ago

Kok Wee Leow

Why kill the golden goose who lay eggs ?

Like Reply

29 days ago

Jim Chia

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

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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.