Feb 12February 2012

1st Bidding

Renew COE
Renew COE
COE Prices 08/02/2012
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

$52,809

$73,890

$49,801

$1,802

$73,801

$4,697

$6,001

$5,800

$250

$6,700

PQP

$51,380 (Feb)

$71,731 (Feb)

$40,549 (Feb)

$1,753 (Feb)

-

Quota

619

350

162

412

312

Bids Received

1,058

635

307

512

425

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

Quota Premium

$52,809

PQP

$51,380 (Feb)

$4,697

Quota

619

Bids Received

1,058

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

Quota Premium

$73,890

PQP

$71,731 (Feb)

$6,001

Quota

350

Bids Received

635

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$49,801

PQP

$40,549 (Feb)

$5,800

Quota

162

Bids Received

307

CAT D (MOTORCYCLE)

Quota Premium

$1,802

PQP

$1,753 (Feb)

$250

Quota

412

Bids Received

512

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$73,801

PQP

-

$6,700

Quota

312

Bids Received

425

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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

19 days 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

about 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.