May 2008

2nd Bidding

COE Prices 22/05/2008
COE Category

CAT A

CARS ≤ 1600cc & 130bhp, or 110kW

CAT B

CARS > 1,600cc or 130bhp, or 110kW

CAT C

GOODS VEHICLE & BUS

CAT D

MOTORCYCLE

CAT E

OPEN-ALL EXCEPT MOTORCYCLE

Quota Premium

$15,701

$17,113

$14,756

$1,109

$16,700

Change

$4,692

$1,224

$1,133

$180

$200

Quota

2,063

1,100

379

484

876

Bids Received

2,824

1,396

531

762

1,345

PQP

$14,522 (May)
$14,830 (Jun)

$17,122 (May)
$17,836 (Jun)

$16,496 (May)
$16,936 (Jun)

$996 (May)
$1,071 (Jun)

-

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

Quota Premium

$15,701

Change

$4,692

Quota

2,063

Bids Received

2,824

PQP

$14,522 (May) / $14,830 (Jun)

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

Quota Premium

$17,113

Change

$1,224

Quota

1,100

Bids Received

1,396

PQP

$17,122 (May) / $17,836 (Jun)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$14,756

Change

$1,133

Quota

379

Bids Received

531

PQP

$16,496 (May) / $16,936 (Jun)

CAT D (MOTORCYCLE)

Quota Premium

$1,109

Change

$180

Quota

484

Bids Received

762

PQP

$996 (May) / $1,071 (Jun)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$16,700

Change

$200

Quota

876

Bids Received

1,345

PQP

-

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111 Comments

Merlion Take Bus
At least citizens must have some discount mAh , cos our land . Corporate and outsider pay bidded price , but SG citizens maybe get a prorated discount based on age at least say 55+ retirees or something like that am sure can be done if want to.
Reply

27 days ago

Justa Fellow Singaporean
I sincerely do not understand why so many people are blaming the government for high COE prices. On the contrary, I am thankful to the government for having such a convenient public transport system for people who cannot afford their own vehicle. Owning a car is a luxury and not a necessity. Who does not wish to indulge in luxuries and live in comfort? You can choose to take the public transport if you cannot afford a car. Just like I wear a Casio because I cannot afford Rolex and carry an Adidas because I cannot afford LV.
Reply

27 days ago

David Ant
Why the COE increase little by little just make it 50k for motorcycle and 100k for motorcar in one time more easier.
Reply

27 days ago

Kbs
This coe policy is broken as it imposed more hardship on the common folks. Needs a fairer RT policy or more votes will be lost
Reply

27 days ago

Adi Dzul
By 2029 islandwide controls by MRT and LRT that’s the reason why COE keeps up rising…
Reply

27 days 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.