Jul 11July 2011

1st Bidding

Renew COE
Renew COE
COE Prices 06/07/2011
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

$55,989

$68,501

$32,590

$2,360

$68,811

$5,745

$801

$1,501

$70

$3,321

PQP

$47,105 (Jul)

$59,136 (Jul)

$26,177 (Jul)

$2,340 (Jul)

-

Quota

514

445

276

325

372

Bids Received

839

728

375

369

509

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

Quota Premium

$55,989

PQP

$47,105 (Jul)

$5,745

Quota

514

Bids Received

839

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

Quota Premium

$68,501

PQP

$59,136 (Jul)

$801

Quota

445

Bids Received

728

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$32,590

PQP

$26,177 (Jul)

$1,501

Quota

276

Bids Received

375

CAT D (MOTORCYCLE)

Quota Premium

$2,360

PQP

$2,340 (Jul)

$70

Quota

325

Bids Received

369

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$68,811

PQP

-

$3,321

Quota

372

Bids Received

509

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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

6 days 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

26 days ago

Ks Ng

HDB is 99yr lease vs 10yr COE.

$1m COE (expense) for 99yr of depreciating car ownership.

Reply

about 2 months ago

Tan Sek Hee
Everybody need a hdb to stay but you can take public transport mrt correct
Reply

about 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

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.