COE Prices and Bidding Results 2004 April, 1st Bidding

Apr 04April 2004

1st Bidding

COE Prices 01/04/2004
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	$26,689	$28,001	$12,809	$851	$28,339
	$1,749	$2,943	$4,151	$395	$1,938
PQP	$24,370 (Apr)	$23,761 (Apr)	$6,451 (Apr)	$247 (Apr)	-
Quota	1,937	949	638	537	1,039
Bids Received	3,386	1,350	1,042	1,181	1,500

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

Quota Premium

$26,689

PQP

$24,370 (Apr)

$1,749

Quota

1,937

Bids Received

3,386

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

Quota Premium

$28,001

PQP

$23,761 (Apr)

$2,943

Quota

949

Bids Received

1,350

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$12,809

PQP

$6,451 (Apr)

$4,151

Quota

638

Bids Received

1,042

CAT D (MOTORCYCLE)

Quota Premium

$851

PQP

$247 (Apr)

$395

Quota

537

Bids Received

1,181

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$28,339

PQP

$1,938

Quota

1,039

Bids Received

1,500

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197 Comments

Ks Lim

I am sure there is a lot of good ideas, some seems very workable, but our Gov need all these easy money to pay CDC GST vouchers, build more highways, more viaducts and now more salaries (you know what I am saying). So, those still want to own these expensive cars, just suck it up and pay the bill Period.

Like Reply

about 23 hours ago

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

Like Reply

13 days ago

Kok Wee Leow

Why kill the golden goose who lay eggs ?

Like Reply

30 days ago

Jim Chia

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

Like Reply

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

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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.