September 2004

1st Bidding

COE Prices 01/09/2004
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

$26,801

$27,799

$7,500

$701

$27,500

Change

$1,004

$1,498

$200

$137

$1,099

Quota

1,936

934

631

509

1,031

Bids Received

2,628

1,214

743

874

1,580

PQP

$27,336 (Sep)

$28,347 (Sep)

$8,436 (Sep)

$692 (Sep)

-

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

Quota Premium

$26,801

Change

$1,004

Quota

1,936

Bids Received

2,628

PQP

$27,336 (Sep)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$27,799

Change

$1,498

Quota

934

Bids Received

1,214

PQP

$28,347 (Sep)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$7,500

Change

$200

Quota

631

Bids Received

743

PQP

$8,436 (Sep)

CAT D (MOTORCYCLE)

Quota Premium

$701

Change

$137

Quota

509

Bids Received

874

PQP

$692 (Sep)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$27,500

Change

$1,099

Quota

1,031

Bids Received

1,580

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.