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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40 Comments

Jonn Tan
home prices are even worse. my landlords increase sale price by 15% due to demand for pte residential and landed. prior to increase if sold at the original price, landlords would have made between 1 to 3million dollars, WHY NOT LEGISLATE CAPITAL GAIN TAX to deter more purchases to help poor IRAS to make more money and then use it for both social and community support to low income earners and who stay only in HDB flats. CAPITAL GAIN TAX should apply to all homes be it HDB, private, commercial and industrial, Commercial especially shophouses can make millions within a year and there is no ABSD AND SSD, that is why so many foreigners prefer to buy shophouses
Reply

about 2 months ago

Allen Loo
Who will buy car at such high price? Nobody buy car, gov. Will need to release more coe..Demand vs Supply logic
Reply

about 2 months ago

Jeff Lim
Heard that dealers are made to pay $200 in penalty if the COE is not utilized in 6 month. Should this be made a certain % of the COE price instead to prevent indiscriminate bidding? Eg 25% or even 50%?
Reply

3 months ago

Franz Charlton Choo
Donno when the motorcycle will go down again.. 🤦🏾‍♂️
Reply

3 months ago

Jdar Deol
I guess the numbers skyrocketing thanks to delivery (motorbikes) & more people buying private car for hire. But sometimes due to no logic the numbers still jump up.. once Covid situation back to normal level, lots of these cars & bikes for sale.
Reply

3 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.