December 2002

2nd Bidding

COE Prices 15/12/2002
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

$26,993

$23,890

$10,001

$1

$27,119
Change

$1,508

$3,399

$2,551

$2

$1,368
Quota

1,338

728

579

991

1,091
Bids Received

1,546

977

682

734

1,501
PQP

$29,854 (Dec)
$29,285 (Jan)

$29,650 (Dec)
$28,243 (Jan)

$16,000 (Dec)
$14,290 (Jan)

$24 (Dec)
$13 (Jan)

-

CAT A (CAR UP TO 1600CC & 97KW)

Quota Premium

$26,993

Change

$1,508

Quota

1,338

Bids Received

1,546

PQP

$29,854 (Dec) / $29,285 (Jan)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$23,890

Change

$3,399

Quota

728

Bids Received

977

PQP

$29,650 (Dec) / $28,243 (Jan)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$10,001

Change

$2,551

Quota

579

Bids Received

682

PQP

$16,000 (Dec) / $14,290 (Jan)

CAT D (MOTORCYCLE)

Quota Premium

$1

Change

$2

Quota

991

Bids Received

734

PQP

$24 (Dec) / $13 (Jan)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$27,119

Change

$1,368

Quota

1,091

Bids Received

1,501

PQP

-

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27 Comments

Barguna
COVID Devastated the Economy, thousands jobless, struggling to maintain family/livelihood. But since Jan/2020( Govt started Stimulus package), the COE progressively increased, Cat B(Luxury car) increased more compare to Cat A. same does other Luxury items like Condo Price/EC and other Luxury items, stocks etc all time high !! How it Possible any one can explain ??
Reply

18 days ago

View 1 Reply
Prabakaran Gopalakrishnan
The Electric car is the next generation technology so the car companies want to clear the stock and make the way for electric vehicle. Example is the Blue SG Car renting services are running successfully in sg during the pandemic many people opted for safe travel purposes..
Reply

4 months ago

Azman Mohammed Noh
Yes, why are prices still increases? 💭
Reply

4 months ago

Henry Seah
COE quota will be short supply due to lower dereg vehicles. Wd expect future COE price to increase.
Reply

4 months ago

Raja Bahrin
COEs are bidded higher by car dealers disyributirs as they want to clear their stock faster. Dealers/Distributors are giving $30-40K discounts now.
Reply

6 months ago

View 1 Reply

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.