October 2003

1st Bidding

COE Prices 01/10/2003
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

$28,915

$28,199

$9,889

$270

$28,997

Change

$1,714

$1,849

$134

$33

$1,592

Quota

1,914

1,175

688

670

1,167

Bids Received

3,039

1,565

834

854

1,594

PQP

$30,118 (Oct)

$30,603 (Oct)

$11,182 (Oct)

$381 (Oct)

-

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

Quota Premium

$28,915

Change

$1,714

Quota

1,914

Bids Received

3,039

PQP

$30,118 (Oct)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$28,199

Change

$1,849

Quota

1,175

Bids Received

1,565

PQP

$30,603 (Oct)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$9,889

Change

$134

Quota

688

Bids Received

834

PQP

$11,182 (Oct)

CAT D (MOTORCYCLE)

Quota Premium

$270

Change

$33

Quota

670

Bids Received

854

PQP

$381 (Oct)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$28,997

Change

$1,592

Quota

1,167

Bids Received

1,594

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.