February 2004

1st Bidding

COE Prices 01/02/2004
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

$24,489

$23,508

$5,497

$189

$24,016

Change

$488

$1,506

$5

$21

$1,215

Quota

1,917

1,156

688

557

1,170

Bids Received

2,701

1,474

804

816

1,678

PQP

$24,920 (Feb)

$24,031 (Feb)

$6,892 (Feb)

$218 (Feb)

-

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

Quota Premium

$24,489

Change

$488

Quota

1,917

Bids Received

2,701

PQP

$24,920 (Feb)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$23,508

Change

$1,506

Quota

1,156

Bids Received

1,474

PQP

$24,031 (Feb)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$5,497

Change

$5

Quota

688

Bids Received

804

PQP

$6,892 (Feb)

CAT D (MOTORCYCLE)

Quota Premium

$189

Change

$21

Quota

557

Bids Received

816

PQP

$218 (Feb)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$24,016

Change

$1,215

Quota

1,170

Bids Received

1,678

PQP

-

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27 Comments

Barguna
COVID Devastated the Economy, thousands jobless, struggling to maintain family/livelihood. But since Jan/2020( Govt started Stimulus package), the COE progressively increased, Cat B(Luxury car) increased more compare to Cat A. same does other Luxury items like Condo Price/EC and other Luxury items, stocks etc all time high !! How it Possible any one can explain ??
Reply

17 days ago

Prabakaran Gopalakrishnan
The Electric car is the next generation technology so the car companies want to clear the stock and make the way for electric vehicle. Example is the Blue SG Car renting services are running successfully in sg during the pandemic many people opted for safe travel purposes..
Reply

4 months ago

Azman Mohammed Noh
Yes, why are prices still increases? 💭
Reply

4 months ago

Henry Seah
COE quota will be short supply due to lower dereg vehicles. Wd expect future COE price to increase.
Reply

4 months ago

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

6 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.