COE Prices and Bidding Results 2009 February, 1st Bidding

Feb 09February 2009

1st Bidding

COE Prices 04/02/2009
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	$1,020	$689	$2,590	$701	$3,000
	$1,673	$489	$310	$199	$200
PQP	$5,346 (Feb)	$4,273 (Feb)	$5,116 (Feb)	$1,097 (Feb)	-
Quota	1,894	1,099	264	417	756
Bids Received	2,077	1,231	350	674	1,225

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

Quota Premium

$1,020

PQP

$5,346 (Feb)

$1,673

Quota

1,894

Bids Received

2,077

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

Quota Premium

$689

PQP

$4,273 (Feb)

$489

Quota

1,099

Bids Received

1,231

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$2,590

PQP

$5,116 (Feb)

$310

Quota

264

Bids Received

350

CAT D (MOTORCYCLE)

Quota Premium

$701

PQP

$1,097 (Feb)

$199

Quota

417

Bids Received

674

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$3,000

PQP

$200

Quota

756

Bids Received

1,225

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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

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3 days ago

Kok Wee Leow

Why kill the golden goose who lay eggs ?

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20 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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8 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.