December 2004

2nd Bidding

COE Prices 15/12/2004
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

$20,117

$18,708

$4,301

$601

$21,298

Change

$2,346

$2,594

$550

$62

$1,511

Quota

2,520

1,139

702

500

1,366

Bids Received

2,709

1,270

829

690

1,766

PQP

$23,712 (Dec)
$22,311 (Jan)

$23,585 (Dec)
$21,270 (Jan)

$6,231 (Dec)
$5,373 (Jan)

$653 (Dec)
$630 (Jan)

-

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

Quota Premium

$20,117

Change

$2,346

Quota

2,520

Bids Received

2,709

PQP

$23,712 (Dec) / $22,311 (Jan)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$18,708

Change

$2,594

Quota

1,139

Bids Received

1,270

PQP

$23,585 (Dec) / $21,270 (Jan)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$4,301

Change

$550

Quota

702

Bids Received

829

PQP

$6,231 (Dec) / $5,373 (Jan)

CAT D (MOTORCYCLE)

Quota Premium

$601

Change

$62

Quota

500

Bids Received

690

PQP

$653 (Dec) / $630 (Jan)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$21,298

Change

$1,511

Quota

1,366

Bids Received

1,766

PQP

-

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22 Comments

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

about 1 month 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

about 1 month ago

Tong
Why price still upwards?
Reply

about 1 month 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

about 2 months ago

So Yeos
Technical recession + Job insecurity/retrenchment = think twice buying new car
Reply

about 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.