Oct 03October 2003

2nd Bidding

Renew COE
Renew COE
COE Prices 15/10/2003
COE Category

CAT A

Car ≤ 1600cc & 130bhp, or 110kW

CAT B

Car > 1600cc & 130bhp, or 110kW

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

$615

$210

$799

$10

$1,097

PQP

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

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

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

$381 (Oct)
$322 (Nov)

-

Quota

1,925

1,163

693

653

1,154

Bids Received

2,558

1,374

879

1,083

1,551

CAT A (CARS ≤ 1600cc & 130bhp, or 110kW)

Quota Premium

$28,300

PQP

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

$615

Quota

1,925

Bids Received

2,558

CAT B (CARS > 1,600cc or 130bhp, or 110kW)

Quota Premium

$27,989

PQP

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

$210

Quota

1,163

Bids Received

1,374

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$9,090

PQP

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

$799

Quota

693

Bids Received

879

CAT D (MOTORCYCLE)

Quota Premium

$280

PQP

$381 (Oct) / $322 (Nov)

$10

Quota

653

Bids Received

1,083

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$27,900

PQP

-

$1,097

Quota

1,154

Bids Received

1,551

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190 Comments

Melvin Cheong
Ridiculous COE issue is 1 garment won't want to address
Reply

1 day ago

Dylan Ng
Call all go in? sardines
Reply

13 days ago

Jamil Bin Abdul Rahman
There is an easy way to moderate the price of COEs. It was suggested long ago. Make people pay according to their bids and not the lowest of the successful bidding.
Reply

4 months ago

Dennis Gan

COE a piece of paper can cost over 100k. No wonder our neighbours country comment our government easy earn money from citizens.

Government should divide 2 categories. COE A for taxi and Grab companies to bid and COE B should for normal car (refer to household need car) to bid. Like this COE will not be spike because of taxi and Grab company massive bid COE

Reply

4 months ago

Deen
COE - A scam by the govt. to extort 70% of the value from car-owners , that too by instant cash ! Not even instalment basis. Burgers ! HaHa ;)
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.