February 2003

1st Bidding

COE Prices 01/02/2003
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

$31,003

$33,657

$12,586

$1

$33,901

Change

$4,504

$8,629

$676

-

$6,485

Quota

1,339

663

582

877

1,090

Bids Received

2,405

1,342

864

408

1,906

PQP

$28,101 (Feb)

$26,829 (Feb)

$12,725 (Feb)

$3 (Feb)

-

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

Quota Premium

$31,003

Change

$4,504

Quota

1,339

Bids Received

2,405

PQP

$28,101 (Feb)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$33,657

Change

$8,629

Quota

663

Bids Received

1,342

PQP

$26,829 (Feb)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$12,586

Change

$676

Quota

582

Bids Received

864

PQP

$12,725 (Feb)

CAT D (MOTORCYCLE)

Quota Premium

$1

Change

-

Quota

877

Bids Received

408

PQP

$3 (Feb)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$33,901

Change

$6,485

Quota

1,090

Bids Received

1,906

PQP

-

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26 Comments

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

about 1 month ago

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

about 1 month ago

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

about 1 month 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

4 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

5 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.