August 2004

2nd Bidding

COE Prices 15/08/2004
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

$25,797

$26,301

$7,300

$564

$26,401
Change

$501

$785

$892

$88

$894
Quota

1,938

949

631

512

1,034
Bids Received

2,237

1,065

772

787

1,378
PQP

$27,821 (Aug)
$27,336 (Sep)

$28,564 (Aug)
$28,347 (Sep)

$9,886 (Aug)
$8,436 (Sep)

$756 (Aug)
$692 (Sep)

-

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

Quota Premium

$25,797

Change

$501

Quota

1,938

Bids Received

2,237

PQP

$27,821 (Aug) / $27,336 (Sep)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$26,301

Change

$785

Quota

949

Bids Received

1,065

PQP

$28,564 (Aug) / $28,347 (Sep)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$7,300

Change

$892

Quota

631

Bids Received

772

PQP

$9,886 (Aug) / $8,436 (Sep)

CAT D (MOTORCYCLE)

Quota Premium

$564

Change

$88

Quota

512

Bids Received

787

PQP

$756 (Aug) / $692 (Sep)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$26,401

Change

$894

Quota

1,034

Bids Received

1,378

PQP

-

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26 Comments

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

about 1 month ago

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

about 1 month ago

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

about 1 month 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

4 months ago

View 1 Reply
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

5 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.