August 2003

2nd Bidding

COE Prices 15/08/2003
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

$30,989

$29,900

$10,999

$369

$30,099

Change

$492

$1,101

$1,001

$36

$1,790

Quota

1,477

945

605

559

894

Bids Received

1,773

1,171

736

674

1,312

PQP

$31,203 (Aug)
$31,385 (Sep)

$31,278 (Aug)
$31,430 (Sep)

$11,314 (Aug)
$11,548 (Sep)

$408 (Aug)
$440 (Sep)

-

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

Quota Premium

$30,989

Change

$492

Quota

1,477

Bids Received

1,773

PQP

$31,203 (Aug) / $31,385 (Sep)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$29,900

Change

$1,101

Quota

945

Bids Received

1,171

PQP

$31,278 (Aug) / $31,430 (Sep)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$10,999

Change

$1,001

Quota

605

Bids Received

736

PQP

$11,314 (Aug) / $11,548 (Sep)

CAT D (MOTORCYCLE)

Quota Premium

$369

Change

$36

Quota

559

Bids Received

674

PQP

$408 (Aug) / $440 (Sep)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$30,099

Change

$1,790

Quota

894

Bids Received

1,312

PQP

-

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42 Comments

şerifcan Bora
Reduce motorbike quota. Too many on road and paying damn less tax.
Reply

about 7 hours ago

Andy Lin
Bike COE dropped
Reply

about 22 hours ago

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

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.