Jan 08January 2008

1st Bidding

Renew COE
Renew COE
COE Prices 09/01/2008
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

$14,052

$15,989

$13,000

$1,101

$15,601

$51

$187

$1,149

$212

$399

PQP

$14,441 (Jan)

$16,335 (Jan)

$14,020 (Jan)

$1,068 (Jan)

-

Quota

2,162

1,172

352

475

1,094

Bids Received

2,553

1,556

446

527

1,658

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

Quota Premium

$14,052

PQP

$14,441 (Jan)

$51

Quota

2,162

Bids Received

2,553

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

Quota Premium

$15,989

PQP

$16,335 (Jan)

$187

Quota

1,172

Bids Received

1,556

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$13,000

PQP

$14,020 (Jan)

$1,149

Quota

352

Bids Received

446

CAT D (MOTORCYCLE)

Quota Premium

$1,101

PQP

$1,068 (Jan)

$212

Quota

475

Bids Received

527

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$15,601

PQP

-

$399

Quota

1,094

Bids Received

1,658

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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

26 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

about 1 month 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

2 months ago

Ks Ng

HDB is 99yr lease vs 10yr COE.

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

Reply

3 months ago

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

3 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.