COE Prices and Bidding Results 2008 May, 2nd Bidding

May 08May 2008

2nd Bidding

COE Prices 22/05/2008
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	$15,701	$17,113	$14,756	$1,109	$16,700
	$4,692	$1,224	$1,133	$180	$200
PQP	$14,522 (May) $14,830 (Jun)	$17,122 (May) $17,836 (Jun)	$16,496 (May) $16,936 (Jun)	$996 (May) $1,071 (Jun)	-
Quota	2,063	1,100	379	484	876
Bids Received	2,824	1,396	531	762	1,345

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

Quota Premium

$15,701

PQP

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

$4,692

Quota

2,063

Bids Received

2,824

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

Quota Premium

$17,113

PQP

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

$1,224

Quota

1,100

Bids Received

1,396

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$14,756

PQP

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

$1,133

Quota

379

Bids Received

531

CAT D (MOTORCYCLE)

Quota Premium

$1,109

PQP

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

$180

Quota

484

Bids Received

762

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$16,700

PQP

$200

Quota

876

Bids Received

1,345

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196 Comments

Kuldip

Neighborhood businesses that need vehicles are being priced out by COE and fuel costs. I know first hand of food stallholders who shut down because of the increased costs. I believe other businesses and caregivers also affected and hollow out neighbourhood support shops. It is parliament and not citizens job to sort this out.⁰⁰⁰

Like Reply

6 days ago

Kok Wee Leow

Why kill the golden goose who lay eggs ?

Like Reply

23 days ago

Jim Chia

COE system no need to tweak churning SGD unless there are a shortchanged like bhp.

Like Reply

4 months ago

Lelasham

How about, deposit a fix amount. Once deadline close, the garmen set the COE price. The results of who gets is based on ballot

Like Reply

8 months ago

Johnnyjoeballing

only the broke people complaining

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9 months ago

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Glossary

Quota Premium	Price of the successful COE bid.
Change	Difference between current price of COE and the previous price.
Quota	Number of COE issued.
Bids Received	Number 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.