Jul 05July 2005

1st Bidding

Renew COE
Renew COE
COE Prices 01/07/2005
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

$16,112

$15,501

$6,524

$752

$17,199

$1,177

$500

$423

$51

$800

PQP

$17,575 (Jul)

$16,239 (Jul)

$6,366 (Jul)

$680 (Jul)

-

Quota

2,220

1,114

590

508

1,155

Bids Received

2,445

1,374

691

602

1,534

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

Quota Premium

$16,112

PQP

$17,575 (Jul)

$1,177

Quota

2,220

Bids Received

2,445

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

Quota Premium

$15,501

PQP

$16,239 (Jul)

$500

Quota

1,114

Bids Received

1,374

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$6,524

PQP

$6,366 (Jul)

$423

Quota

590

Bids Received

691

CAT D (MOTORCYCLE)

Quota Premium

$752

PQP

$680 (Jul)

$51

Quota

508

Bids Received

602

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$17,199

PQP

-

$800

Quota

1,155

Bids Received

1,534

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188 Comments

Jamil Bin Abdul Rahman
There is an easy way to moderate the price of COEs. It was suggested long ago. Make people pay according to their bids and not the lowest of the successful bidding.
Reply

28 days ago

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

about 1 month 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

2 months ago

Ks Ng

HDB is 99yr lease vs 10yr COE.

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

Reply

3 months ago

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

3 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.