Oct 07October 2007

2nd Bidding

Renew COE
Renew COE
COE Prices 15/10/2007
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

$12,401

$17,589

$15,889

$1,050

$18,000

$4,598

$487

$1,900

$51

-

PQP

$15,310 (Oct)
$15,077 (Nov)

$17,801 (Oct)
$17,749 (Nov)

$6,916 (Oct)
$10,430 (Nov)

$1,119 (Oct)
$1,121 (Nov)

-

Quota

2,158

1,133

344

440

1,088

Bids Received

2,472

1,370

428

593

1,586

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

Quota Premium

$12,401

PQP

$15,310 (Oct) / $15,077 (Nov)

$4,598

Quota

2,158

Bids Received

2,472

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

Quota Premium

$17,589

PQP

$17,801 (Oct) / $17,749 (Nov)

$487

Quota

1,133

Bids Received

1,370

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$15,889

PQP

$6,916 (Oct) / $10,430 (Nov)

$1,900

Quota

344

Bids Received

428

CAT D (MOTORCYCLE)

Quota Premium

$1,050

PQP

$1,119 (Oct) / $1,121 (Nov)

$51

Quota

440

Bids Received

593

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$18,000

PQP

-

-

Quota

1,088

Bids Received

1,586

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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

7 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

21 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.