October 2006

2nd Bidding

COE Prices 15/10/2006
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

$10,510

$12,989

$2,001

$1,102

$12,605

Change

$1,491

$488

$9,202

$101

$395

Quota

2,669

1,269

663

448

1,295

Bids Received

2,761

1,530

749

633

1,976

PQP

$12,000 (Oct)
$12,251 (Nov)

$12,816 (Oct)
$13,497 (Nov)

$10,110 (Oct)
$10,402 (Nov)

$917 (Oct)
$971 (Nov)

-

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

Quota Premium

$10,510

Change

$1,491

Quota

2,669

Bids Received

2,761

PQP

$12,000 (Oct) / $12,251 (Nov)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$12,989

Change

$488

Quota

1,269

Bids Received

1,530

PQP

$12,816 (Oct) / $13,497 (Nov)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$2,001

Change

$9,202

Quota

663

Bids Received

749

PQP

$10,110 (Oct) / $10,402 (Nov)

CAT D (MOTORCYCLE)

Quota Premium

$1,102

Change

$101

Quota

448

Bids Received

633

PQP

$917 (Oct) / $971 (Nov)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$12,605

Change

$395

Quota

1,295

Bids Received

1,976

PQP

-

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26 Comments

Prabakaran Gopalakrishnan
The Electric car is the next generation technology so the car companies want to clear the stock and make the way for electric vehicle. Example is the Blue SG Car renting services are running successfully in sg during the pandemic many people opted for safe travel purposes..
Reply

2 months ago

Azman Mohammed Noh
Yes, why are prices still increases? 💭
Reply

2 months ago

Henry Seah
COE quota will be short supply due to lower dereg vehicles. Wd expect future COE price to increase.
Reply

3 months ago

Raja Bahrin
COEs are bidded higher by car dealers disyributirs as they want to clear their stock faster. Dealers/Distributors are giving $30-40K discounts now.
Reply

5 months ago

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

7 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.