January 2003

2nd Bidding

COE Prices 15/01/2003
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

$26,499

$25,028

$11,910

$1

$27,416

Change

$1,990

$4,071

$1,191

-

$1,585

Quota

1,333

662

605

1,088

1,099

Bids Received

1,651

919

814

868

1,515

PQP

$29,285 (Jan)
$28,101 (Feb)

$28,243 (Jan)
$26,829 (Feb)

$14,290 (Jan)
$12,725 (Feb)

$13 (Jan)
$3 (Feb)

-

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

Quota Premium

$26,499

Change

$1,990

Quota

1,333

Bids Received

1,651

PQP

$29,285 (Jan) / $28,101 (Feb)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$25,028

Change

$4,071

Quota

662

Bids Received

919

PQP

$28,243 (Jan) / $26,829 (Feb)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$11,910

Change

$1,191

Quota

605

Bids Received

814

PQP

$14,290 (Jan) / $12,725 (Feb)

CAT D (MOTORCYCLE)

Quota Premium

$1

Change

-

Quota

1,088

Bids Received

868

PQP

$13 (Jan) / $3 (Feb)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$27,416

Change

$1,585

Quota

1,099

Bids Received

1,515

PQP

-

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COE Price Trend

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23 Comments

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

about 2 months ago

Pk
SMEs including car dealers now have a lot of cash. Why? 7.1 billion loan out to 7000 SMEs by our banks during Apr to Jun to ease their cashflow. This is COE Inflation.
Reply

3 months ago

John Chia
Many still have cash, from SIRs 9k, sold house last few months awaiting big crash in housing, what is 2-3k increase? Singaporeans are a bunch of kiasu, kiasi dafts.
Reply

4 months ago

Tong
Why price still upwards?
Reply

4 months ago

Manson Mok
Coe price will start to go down slowly. Likely by 30% toward end of this year. If you really need a car or bike just wait a few more months.
Reply

4 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.