Sep 08September 2008

1st Bidding

Renew COE
Renew COE
COE Prices 03/09/2008
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

$9,501

$13,389

$13,889

$1,452

$14,300

$3,788

$501

$900

$142

$299

PQP

$13,878 (Sep)

$14,308 (Sep)

$12,784 (Sep)

$1,325 (Sep)

-

Quota

2,038

1,099

385

447

880

Bids Received

2,172

1,195

466

584

1,503

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

Quota Premium

$9,501

PQP

$13,878 (Sep)

$3,788

Quota

2,038

Bids Received

2,172

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

Quota Premium

$13,389

PQP

$14,308 (Sep)

$501

Quota

1,099

Bids Received

1,195

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$13,889

PQP

$12,784 (Sep)

$900

Quota

385

Bids Received

466

CAT D (MOTORCYCLE)

Quota Premium

$1,452

PQP

$1,325 (Sep)

$142

Quota

447

Bids Received

584

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$14,300

PQP

-

$299

Quota

880

Bids Received

1,503

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191 Comments

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

1 day 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.