Jun 08June 2008

1st Bidding

Renew COE
Renew COE
COE Prices 04/06/2008
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

$14,590

$14,640

$13,501

$1,083

$16,301

$1,111

$2,473

$1,255

$26

$399

PQP

$14,830 (Jun)

$17,836 (Jun)

$16,936 (Jun)

$1,071 (Jun)

-

Quota

2,038

1,125

377

454

882

Bids Received

2,500

1,282

501

708

1,221

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

Quota Premium

$14,590

PQP

$14,830 (Jun)

$1,111

Quota

2,038

Bids Received

2,500

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

Quota Premium

$14,640

PQP

$17,836 (Jun)

$2,473

Quota

1,125

Bids Received

1,282

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$13,501

PQP

$16,936 (Jun)

$1,255

Quota

377

Bids Received

501

CAT D (MOTORCYCLE)

Quota Premium

$1,083

PQP

$1,071 (Jun)

$26

Quota

454

Bids Received

708

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$16,301

PQP

-

$399

Quota

882

Bids Received

1,221

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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

15 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

29 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 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.