Oct 08October 2008

1st Bidding

Renew COE
Renew COE
COE Prices 08/10/2008
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

$13,801

$14,400

$15,899

$1,889

$15,058

$299

$1,099

$1,009

$335

$169

PQP

$13,030 (Oct)

$13,868 (Oct)

$13,330 (Oct)

$1,462 (Oct)

-

Quota

1,856

1,132

266

410

754

Bids Received

2,320

1,338

318

695

1,144

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

Quota Premium

$13,801

PQP

$13,030 (Oct)

$299

Quota

1,856

Bids Received

2,320

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

Quota Premium

$14,400

PQP

$13,868 (Oct)

$1,099

Quota

1,132

Bids Received

1,338

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$15,899

PQP

$13,330 (Oct)

$1,009

Quota

266

Bids Received

318

CAT D (MOTORCYCLE)

Quota Premium

$1,889

PQP

$1,462 (Oct)

$335

Quota

410

Bids Received

695

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$15,058

PQP

-

$169

Quota

754

Bids Received

1,144

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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

23 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

about 1 month 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.