COE Prices and Bidding Results 2008 September, 1st Bidding

Sep 08September 2008

1st Bidding

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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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

9 days ago

Kok Wee Leow

Why kill the golden goose who lay eggs ?

Like Reply

26 days ago

Jim Chia

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

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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.