Oct 08October 2008

2nd Bidding

Renew COE
Renew COE
COE Prices 22/10/2008
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

$10,989

$7,589

$11,503

$1,609

$12,001

$2,812

$6,811

$4,396

$280

$3,057

PQP

$13,030 (Oct)
$12,364 (Nov)

$13,868 (Oct)
$12,577 (Nov)

$13,330 (Oct)
$13,627 (Nov)

$1,462 (Oct)
$1,538 (Nov)

-

Quota

1,846

1,100

270

420

769

Bids Received

2,149

1,302

390

576

1,100

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

Quota Premium

$10,989

PQP

$13,030 (Oct) / $12,364 (Nov)

$2,812

Quota

1,846

Bids Received

2,149

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

Quota Premium

$7,589

PQP

$13,868 (Oct) / $12,577 (Nov)

$6,811

Quota

1,100

Bids Received

1,302

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$11,503

PQP

$13,330 (Oct) / $13,627 (Nov)

$4,396

Quota

270

Bids Received

390

CAT D (MOTORCYCLE)

Quota Premium

$1,609

PQP

$1,462 (Oct) / $1,538 (Nov)

$280

Quota

420

Bids Received

576

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$12,001

PQP

-

$3,057

Quota

769

Bids Received

1,100

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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

10 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

24 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 1 month ago

Ks Ng

HDB is 99yr lease vs 10yr COE.

$1m COE (expense) for 99yr of depreciating car ownership.

Reply

2 months ago

Tan Sek Hee
Everybody need a hdb to stay but you can take public transport mrt correct
Reply

2 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.