Aug 11August 2011

1st Bidding

Renew COE
Renew COE
COE Prices 03/08/2011
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

$48,801

$70,890

$34,009

$1,890

$70,117

$7,201

$1,611

$493

$122

$4,373

PQP

$51,234 (Aug)

$64,003 (Aug)

$28,678 (Aug)

$2,237 (Aug)

-

Quota

566

354

241

390

360

Bids Received

1,034

469

383

470

488

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

Quota Premium

$48,801

PQP

$51,234 (Aug)

$7,201

Quota

566

Bids Received

1,034

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

Quota Premium

$70,890

PQP

$64,003 (Aug)

$1,611

Quota

354

Bids Received

469

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$34,009

PQP

$28,678 (Aug)

$493

Quota

241

Bids Received

383

CAT D (MOTORCYCLE)

Quota Premium

$1,890

PQP

$2,237 (Aug)

$122

Quota

390

Bids Received

470

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$70,117

PQP

-

$4,373

Quota

360

Bids Received

488

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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

about 1 month 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.