Oct 04October 2004

1st Bidding

Renew COE
Renew COE
COE Prices 01/10/2004
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

$23,001

$23,001

$6,300

$652

$22,000

$1,188

$3,100

$497

$47

$4,199

PQP

$26,313 (Oct)

$27,213 (Oct)

$7,820 (Oct)

$638 (Oct)

-

Quota

2,523

1,145

678

507

1,340

Bids Received

3,106

1,505

795

774

2,199

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

Quota Premium

$23,001

PQP

$26,313 (Oct)

$1,188

Quota

2,523

Bids Received

3,106

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

Quota Premium

$23,001

PQP

$27,213 (Oct)

$3,100

Quota

1,145

Bids Received

1,505

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$6,300

PQP

$7,820 (Oct)

$497

Quota

678

Bids Received

795

CAT D (MOTORCYCLE)

Quota Premium

$652

PQP

$638 (Oct)

$47

Quota

507

Bids Received

774

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$22,000

PQP

-

$4,199

Quota

1,340

Bids Received

2,199

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187 Comments

Dennis Gan

COE a piece of paper can cost over 100k. No wonder our neighbours country comment our government easy earn money from citizens.

Government should divide 2 categories. COE A for taxi and Grab companies to bid and COE B should for normal car (refer to household need car) to bid. Like this COE will not be spike because of taxi and Grab company massive bid COE

Reply

11 days ago

Deen
COE - A scam by the govt. to extort 70% of the value from car-owners , that too by instant cash ! Not even instalment basis. Burgers ! HaHa ;)
Reply

about 1 month ago

Ks Ng

HDB is 99yr lease vs 10yr COE.

$1m COE (expense) for 99yr of depreciating car ownership.

Reply

2 months ago

Tan Sek Hee
Everybody need a hdb to stay but you can take public transport mrt correct
Reply

2 months ago

Roger Poh
If HDB can draw lots for the flats, Gov can do the same for cars. Also, limit one household one car. This will make cars more affordable to the ordinary person. Right now, the system favours the wealthy; the rest of you get lost. Inclusive society? Haha
Reply

2 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.