Dec 02December 2002

2nd Bidding

Renew COE
Renew COE
COE Prices 15/12/2002
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

$26,993

$23,890

$10,001

$1

$27,119

$1,508

$3,399

$2,551

$2

$1,368

PQP

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

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

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

$24 (Dec)
$13 (Jan)

-

Quota

1,338

728

579

991

1,091

Bids Received

1,546

977

682

734

1,501

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

Quota Premium

$26,993

PQP

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

$1,508

Quota

1,338

Bids Received

1,546

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

Quota Premium

$23,890

PQP

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

$3,399

Quota

728

Bids Received

977

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$10,001

PQP

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

$2,551

Quota

579

Bids Received

682

CAT D (MOTORCYCLE)

Quota Premium

$1

PQP

$24 (Dec) / $13 (Jan)

$2

Quota

991

Bids Received

734

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$27,119

PQP

-

$1,368

Quota

1,091

Bids Received

1,501

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188 Comments

Jamil Bin Abdul Rahman
There is an easy way to moderate the price of COEs. It was suggested long ago. Make people pay according to their bids and not the lowest of the successful bidding.
Reply

10 days ago

Dennis Gan

COE a piece of paper can cost over 100k. No wonder our neighbours country comment our government easy earn money from citizens.

Government should divide 2 categories. COE A for taxi and Grab companies to bid and COE B should for normal car (refer to household need car) to bid. Like this COE will not be spike because of taxi and Grab company massive bid COE

Reply

24 days ago

Deen
COE - A scam by the govt. to extort 70% of the value from car-owners , that too by instant cash ! Not even instalment basis. Burgers ! HaHa ;)
Reply

about 1 month ago

Ks Ng

HDB is 99yr lease vs 10yr COE.

$1m COE (expense) for 99yr of depreciating car ownership.

Reply

2 months ago

Tan Sek Hee
Everybody need a hdb to stay but you can take public transport mrt correct
Reply

2 months ago

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.