Apr 09April 2009

1st Bidding

Renew COE
Renew COE
COE Prices 08/04/2009
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

$7,090

$7,501

$7,302

$1,053

$7,326

$1,974

$2,500

$1,702

$141

$1,344

PQP

$3,864 (Apr)

$3,162 (Apr)

$4,014 (Apr)

$879 (Apr)

-

Quota

1,396

761

240

391

720

Bids Received

2,026

1,036

537

545

1,202

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

Quota Premium

$7,090

PQP

$3,864 (Apr)

$1,974

Quota

1,396

Bids Received

2,026

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

Quota Premium

$7,501

PQP

$3,162 (Apr)

$2,500

Quota

761

Bids Received

1,036

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$7,302

PQP

$4,014 (Apr)

$1,702

Quota

240

Bids Received

537

CAT D (MOTORCYCLE)

Quota Premium

$1,053

PQP

$879 (Apr)

$141

Quota

391

Bids Received

545

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$7,326

PQP

-

$1,344

Quota

720

Bids Received

1,202

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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

28 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

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.