Feb 10February 2010

2nd Bidding

Renew COE
Renew COE
COE Prices 24/02/2010
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

$20,340

$23,889

$23,501

$1,001

$24,229

$351

$709

$2,111

$149

$1,828
PQP

$18,266 (Feb)
$19,331 (Mar)

$19,146 (Feb)
$20,926 (Mar)

$18,212 (Feb)
$20,029 (Mar)

$867 (Feb)
$884 (Mar)

-
Quota

1,148

685

173

363

590
Bids Received

1,493

956

285

472

1,255

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

Quota Premium

$20,340

PQP

$18,266 (Feb) / $19,331 (Mar)

$351

Quota

1,148

Bids Received

1,493

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

Quota Premium

$23,889

PQP

$19,146 (Feb) / $20,926 (Mar)

$709

Quota

685

Bids Received

956

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$23,501

PQP

$18,212 (Feb) / $20,029 (Mar)

$2,111

Quota

173

Bids Received

285

CAT D (MOTORCYCLE)

Quota Premium

$1,001

PQP

$867 (Feb) / $884 (Mar)

$149

Quota

363

Bids Received

472

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$24,229

PQP

-

$1,828

Quota

590

Bids Received

1,255

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187 Comments

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

11 days ago

View 1 Reply
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

Roger Poh
If HDB can draw lots for the flats, Gov can do the same for cars. Also, limit one household one car. This will make cars more affordable to the ordinary person. Right now, the system favours the wealthy; the rest of you get lost. Inclusive society? Haha
Reply

2 months ago

View 1 Reply

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.