December 2008

2nd Bidding

COE Prices 17/12/2008
COE Category

CAT A

CAR UP TO 1600CC & 97KW

CAT B

CAR ABOVE 1600CC OR 97KW

CAT C

GOODS VEHICLE & BUS

CAT D

MOTORCYCLE

CAT E

OPEN-ALL EXCEPT MOTORCYCLE

Quota Premium

$6,200

$2,656

$4,001

$1,059

$6,509

Change

$1,521

$3,845

$1,211

$43

$1,080

Quota

1,851

1,102

264

414

759

Bids Received

2,788

1,318

373

538

1,138

PQP

$9,808 (Dec)
$8,195 (Jan)

$10,312 (Dec)
$7,390 (Jan)

$11,877 (Dec)
$8,616 (Jan)

$1,505 (Dec)
$1,364 (Jan)

-

CAT A (CAR UP TO 1600CC & 97KW)

Quota Premium

$6,200

Change

$1,521

Quota

1,851

Bids Received

2,788

PQP

$9,808 (Dec) / $8,195 (Jan)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$2,656

Change

$3,845

Quota

1,102

Bids Received

1,318

PQP

$10,312 (Dec) / $7,390 (Jan)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$4,001

Change

$1,211

Quota

264

Bids Received

373

PQP

$11,877 (Dec) / $8,616 (Jan)

CAT D (MOTORCYCLE)

Quota Premium

$1,059

Change

$43

Quota

414

Bids Received

538

PQP

$1,505 (Dec) / $1,364 (Jan)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$6,509

Change

$1,080

Quota

759

Bids Received

1,138

PQP

-

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22 Comments

Pk
SMEs including car dealers now have a lot of cash. Why? 7.1 billion loan out to 7000 SMEs by our banks during Apr to Jun to ease their cashflow. This is COE Inflation.
Reply

about 1 month ago

John Chia
Many still have cash, from SIRs 9k, sold house last few months awaiting big crash in housing, what is 2-3k increase? Singaporeans are a bunch of kiasu, kiasi dafts.
Reply

about 2 months ago

Tong
Why price still upwards?
Reply

about 2 months ago

Manson Mok
Coe price will start to go down slowly. Likely by 30% toward end of this year. If you really need a car or bike just wait a few more months.
Reply

about 2 months ago

So Yeos
Technical recession + Job insecurity/retrenchment = think twice buying new car
Reply

about 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.