February 2011

2nd Bidding

COE Prices 23/02/2011
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

$42,999

$62,000

$29,011

$2,001

$62,001

Change

$5,875

$8,600

$422

$182

$3,111

Quota

511

424

287

330

336

Bids Received

788

726

368

461

558

PQP

$40,958 (Feb)
$42,145 (Mar)

$59,301 (Feb)
$62,969 (Mar)

$32,137 (Feb)
$31,369 (Mar)

$1,567 (Feb)
$1,711 (Mar)

-

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

Quota Premium

$42,999

Change

$5,875

Quota

511

Bids Received

788

PQP

$40,958 (Feb) / $42,145 (Mar)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$62,000

Change

$8,600

Quota

424

Bids Received

726

PQP

$59,301 (Feb) / $62,969 (Mar)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$29,011

Change

$422

Quota

287

Bids Received

368

PQP

$32,137 (Feb) / $31,369 (Mar)

CAT D (MOTORCYCLE)

Quota Premium

$2,001

Change

$182

Quota

330

Bids Received

461

PQP

$1,567 (Feb) / $1,711 (Mar)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$62,001

Change

$3,111

Quota

336

Bids Received

558

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.