Apr 07April 2007

2nd Bidding

Renew COE
Renew COE
COE Prices 15/04/2007
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

$14,601

$15,989

$5,289

$1,184

$16,101

$601

$1,100

$2,689

$171

$786

PQP

$11,064 (Apr)
$11,900 (May)

$11,885 (Apr)
$12,865 (May)

$183 (Apr)
$1,498 (May)

$1,045 (Apr)
$1,011 (May)

-

Quota

2,168

1,130

444

480

1,103

Bids Received

3,327

1,587

700

768

1,847

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

Quota Premium

$14,601

PQP

$11,064 (Apr) / $11,900 (May)

$601

Quota

2,168

Bids Received

3,327

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

Quota Premium

$15,989

PQP

$11,885 (Apr) / $12,865 (May)

$1,100

Quota

1,130

Bids Received

1,587

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$5,289

PQP

$183 (Apr) / $1,498 (May)

$2,689

Quota

444

Bids Received

700

CAT D (MOTORCYCLE)

Quota Premium

$1,184

PQP

$1,045 (Apr) / $1,011 (May)

$171

Quota

480

Bids Received

768

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$16,101

PQP

-

$786

Quota

1,103

Bids Received

1,847

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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

10 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

24 days 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 1 month ago

Ks Ng

HDB is 99yr lease vs 10yr COE.

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

Reply

2 months ago

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

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.