COE Prices and Bidding Results 2004 March, 1st Bidding

Mar 04March 2004

1st Bidding

COE Prices 01/03/2004
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	$24,597	$25,699	$7,226	$203	$25,492
	$208	$3,698	$1,526	$34	$1,691
PQP	$24,222 (Mar)	$23,036 (Mar)	$6,045 (Mar)	$207 (Mar)	-
Quota	1,923	1,163	688	560	1,159
Bids Received	2,539	1,516	980	740	1,615

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

Quota Premium

$24,597

PQP

$24,222 (Mar)

$208

Quota

1,923

Bids Received

2,539

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

Quota Premium

$25,699

PQP

$23,036 (Mar)

$3,698

Quota

1,163

Bids Received

1,516

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$7,226

PQP

$6,045 (Mar)

$1,526

Quota

688

Bids Received

980

CAT D (MOTORCYCLE)

Quota Premium

$203

PQP

$207 (Mar)

$34

Quota

560

Bids Received

740

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$25,492

PQP

$1,691

Quota

1,159

Bids Received

1,615

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196 Comments

Kuldip

Neighborhood businesses that need vehicles are being priced out by COE and fuel costs. I know first hand of food stallholders who shut down because of the increased costs. I believe other businesses and caregivers also affected and hollow out neighbourhood support shops. It is parliament and not citizens job to sort this out.⁰⁰⁰

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2 days ago

Kok Wee Leow

Why kill the golden goose who lay eggs ?

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19 days ago

Jim Chia

COE system no need to tweak churning SGD unless there are a shortchanged like bhp.

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4 months ago

Lelasham

How about, deposit a fix amount. Once deadline close, the garmen set the COE price. The results of who gets is based on ballot

Like Reply

8 months ago

Johnnyjoeballing

only the broke people complaining

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8 months ago

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Glossary

Quota Premium	Price of the successful COE bid.
Change	Difference between current price of COE and the previous price.
Quota	Number of COE issued.
Bids Received	Number 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.