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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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.