COE Prices and Bidding Results 2006 May, 1st Bidding

May 06May 2006

1st Bidding

COE Prices 01/05/2006
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	$10,003	$11,519	$12,101	$802	$12,402
	$1,898	$1,582	$800	$46	$598
PQP	$11,216 (May)	$12,101 (May)	$9,000 (May)	$659 (May)	-
Quota	2,223	1,089	568	489	1,118
Bids Received	2,426	1,293	727	611	1,475

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

Quota Premium

$10,003

PQP

$11,216 (May)

$1,898

Quota

2,223

Bids Received

2,426

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

Quota Premium

$11,519

PQP

$12,101 (May)

$1,582

Quota

1,089

Bids Received

1,293

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$12,101

PQP

$9,000 (May)

$800

Quota

568

Bids Received

727

CAT D (MOTORCYCLE)

Quota Premium

$802

PQP

$659 (May)

$46

Quota

489

Bids Received

611

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$12,402

PQP

$598

Quota

1,118

Bids Received

1,475

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196 Comments

Kuldip

Neighborhood businesses that need vehicles are being priced out by COE and fuel costs. I know first hand of food stallholders who shut down because of the increased costs. I believe other businesses and caregivers also affected and hollow out neighbourhood support shops. It is parliament and not citizens job to sort this out.⁰⁰⁰

Like Reply

6 days ago

Kok Wee Leow

Why kill the golden goose who lay eggs ?

Like Reply

22 days ago

Jim Chia

COE system no need to tweak churning SGD unless there are a shortchanged like bhp.

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4 months ago

Lelasham

How about, deposit a fix amount. Once deadline close, the garmen set the COE price. The results of who gets is based on ballot

Like Reply

8 months ago

Johnnyjoeballing

only the broke people complaining

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9 months ago

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Glossary

Quota Premium	Price of the successful COE bid.
Change	Difference between current price of COE and the previous price.
Quota	Number of COE issued.
Bids Received	Number 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.