Mar 06March 2006

2nd Bidding

Renew COE
Renew COE
COE Prices 15/03/2006
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

$11,904

$13,556

$8,600

$789

$13,689

$705

$1,001

$170

$180

$992

PQP

$10,797 (Mar)
$10,351 (Apr)

$10,583 (Mar)
$11,218 (Apr)

$6,886 (Mar)
$7,472 (Apr)

$489 (Mar)
$538 (Apr)

-

Quota

2,792

1,267

590

508

1,395

Bids Received

4,381

1,830

748

804

2,000

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

Quota Premium

$11,904

PQP

$10,797 (Mar) / $10,351 (Apr)

$705

Quota

2,792

Bids Received

4,381

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

Quota Premium

$13,556

PQP

$10,583 (Mar) / $11,218 (Apr)

$1,001

Quota

1,267

Bids Received

1,830

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$8,600

PQP

$6,886 (Mar) / $7,472 (Apr)

$170

Quota

590

Bids Received

748

CAT D (MOTORCYCLE)

Quota Premium

$789

PQP

$489 (Mar) / $538 (Apr)

$180

Quota

508

Bids Received

804

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$13,689

PQP

-

$992

Quota

1,395

Bids Received

2,000

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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

18 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

about 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.