April 2010

2nd Bidding

COE Prices 21/04/2010
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

$30,000

$40,001

$35,556

$1,253

$43,003

Change

$4,001

$5,500

$955

$32

$5,997

Quota

706

561

203

339

390

Bids Received

1,242

896

298

383

709

PQP

$21,421 (Apr)
$25,587 (May)

$25,190 (Apr)
$32,509 (May)

$23,979 (Apr)
$29,475 (May)

$993 (Apr)
$1,115 (May)

-

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

Quota Premium

$30,000

Change

$4,001

Quota

706

Bids Received

1,242

PQP

$21,421 (Apr) / $25,587 (May)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$40,001

Change

$5,500

Quota

561

Bids Received

896

PQP

$25,190 (Apr) / $32,509 (May)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$35,556

Change

$955

Quota

203

Bids Received

298

PQP

$23,979 (Apr) / $29,475 (May)

CAT D (MOTORCYCLE)

Quota Premium

$1,253

Change

$32

Quota

339

Bids Received

383

PQP

$993 (Apr) / $1,115 (May)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$43,003

Change

$5,997

Quota

390

Bids Received

709

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 1 month ago

Tong
Why price still upwards?
Reply

about 1 month 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.