May 2003

2nd Bidding

COE Prices 15/05/2003
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

$31,095

$31,400

$10,710

$351

$31,800

Change

$1,796

$2,811

$179

$118

$2,262

Quota

1,471

915

615

573

888

Bids Received

2,621

1,592

721

791

1,478

PQP

$28,644 (May)
$28,542 (Jun)

$28,670 (May)
$27,942 (Jun)

$11,290 (May)
$10,926 (Jun)

$57 (May)
$154 (Jun)

-

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

Quota Premium

$31,095

Change

$1,796

Quota

1,471

Bids Received

2,621

PQP

$28,644 (May) / $28,542 (Jun)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$31,400

Change

$2,811

Quota

915

Bids Received

1,592

PQP

$28,670 (May) / $27,942 (Jun)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$10,710

Change

$179

Quota

615

Bids Received

721

PQP

$11,290 (May) / $10,926 (Jun)

CAT D (MOTORCYCLE)

Quota Premium

$351

Change

$118

Quota

573

Bids Received

791

PQP

$57 (May) / $154 (Jun)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$31,800

Change

$2,262

Quota

888

Bids Received

1,478

PQP

-

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21 Comments

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

9 days ago

Tong
Why price still upwards?
Reply

9 days 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

17 days ago

So Yeos
Technical recession + Job insecurity/retrenchment = think twice buying new car
Reply

17 days ago

Murugesan Sivakumar
How about Motobike next month
Reply

22 days 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.