March 2008

2nd Bidding

COE Prices 19/03/2008
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

$15,389

$19,001

$17,610

$901

$18,854

Change

$1,038

$1,001

$1,300

$58

$184

Quota

2,161

1,130

349

439

1,088

Bids Received

2,474

1,387

453

662

1,713

PQP

$12,819 (Mar)
$13,442 (Apr)

$14,486 (Mar)
$15,833 (Apr)

$13,060 (Mar)
$14,571 (Apr)

$994 (Mar)
$988 (Apr)

-

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

Quota Premium

$15,389

Change

$1,038

Quota

2,161

Bids Received

2,474

PQP

$12,819 (Mar) / $13,442 (Apr)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$19,001

Change

$1,001

Quota

1,130

Bids Received

1,387

PQP

$14,486 (Mar) / $15,833 (Apr)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$17,610

Change

$1,300

Quota

349

Bids Received

453

PQP

$13,060 (Mar) / $14,571 (Apr)

CAT D (MOTORCYCLE)

Quota Premium

$901

Change

$58

Quota

439

Bids Received

662

PQP

$994 (Mar) / $988 (Apr)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$18,854

Change

$184

Quota

1,088

Bids Received

1,713

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

27 days ago

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

27 days ago

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

about 1 month 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

3 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

5 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.