Jul 08July 2008

2nd Bidding

Renew COE
Renew COE
COE Prices 23/07/2008
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

$14,101

$14,235

$12,659

$1,489

$14,858

$584

$1,266

$300

$62

$803

PQP

$14,656 (Jul)
$14,032 (Aug)

$16,557 (Jul)
$15,345 (Aug)

$15,534 (Jul)
$13,628 (Aug)

$1,125 (Jul)
$1,271 (Aug)

-

Quota

2,048

1,099

386

475

880

Bids Received

2,464

1,307

497

600

1,178

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

Quota Premium

$14,101

PQP

$14,656 (Jul) / $14,032 (Aug)

$584

Quota

2,048

Bids Received

2,464

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

Quota Premium

$14,235

PQP

$16,557 (Jul) / $15,345 (Aug)

$1,266

Quota

1,099

Bids Received

1,307

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$12,659

PQP

$15,534 (Jul) / $13,628 (Aug)

$300

Quota

386

Bids Received

497

CAT D (MOTORCYCLE)

Quota Premium

$1,489

PQP

$1,125 (Jul) / $1,271 (Aug)

$62

Quota

475

Bids Received

600

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$14,858

PQP

-

$803

Quota

880

Bids Received

1,178

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191 Comments

U Tin Soe
Lower income families can’t afford to buy a Car anymore. 🥲
Reply

2 days ago

Melvin Cheong
Ridiculous COE issue is 1 garment won't want to address
Reply

about 1 month ago

Dylan Ng
Call all go in? sardines
Reply

about 1 month ago

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

5 months 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

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.