February 2007

1st Bidding

COE Prices 01/02/2007
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

$11,489

$12,152

$1

$1,001

$12,721

Change

$392

$152

-

$188

$122

Quota

2,673

1,272

679

536

1,290

Bids Received

3,005

1,449

506

639

1,784

PQP

$11,843 (Feb)

$13,434 (Feb)

$864 (Feb)

$1,128 (Feb)

-

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

Quota Premium

$11,489

Change

$392

Quota

2,673

Bids Received

3,005

PQP

$11,843 (Feb)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$12,152

Change

$152

Quota

1,272

Bids Received

1,449

PQP

$13,434 (Feb)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$1

Change

-

Quota

679

Bids Received

506

PQP

$864 (Feb)

CAT D (MOTORCYCLE)

Quota Premium

$1,001

Change

$188

Quota

536

Bids Received

639

PQP

$1,128 (Feb)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$12,721

Change

$122

Quota

1,290

Bids Received

1,784

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.