October 2003

2nd Bidding

COE Prices 15/10/2003
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

$28,300

$27,989

$9,090

$280

$27,900

Change

$615

$210

$799

$10

$1,097

Quota

1,925

1,163

693

653

1,154

Bids Received

2,558

1,374

879

1,083

1,551

PQP

$30,118 (Oct)
$29,057 (Nov)

$30,603 (Oct)
$29,190 (Nov)

$11,182 (Oct)
$10,331 (Nov)

$381 (Oct)
$322 (Nov)

-

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

Quota Premium

$28,300

Change

$615

Quota

1,925

Bids Received

2,558

PQP

$30,118 (Oct) / $29,057 (Nov)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$27,989

Change

$210

Quota

1,163

Bids Received

1,374

PQP

$30,603 (Oct) / $29,190 (Nov)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$9,090

Change

$799

Quota

693

Bids Received

879

PQP

$11,182 (Oct) / $10,331 (Nov)

CAT D (MOTORCYCLE)

Quota Premium

$280

Change

$10

Quota

653

Bids Received

1,083

PQP

$381 (Oct) / $322 (Nov)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$27,900

Change

$1,097

Quota

1,154

Bids Received

1,551

PQP

-

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42 Comments

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

3 days ago

Andy Lin
Bike COE dropped
Reply

3 days 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.