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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42 Comments

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

1 day ago

Andy Lin
Bike COE dropped
Reply

2 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.