COE Prices and Bidding Results 2012 April, 1st Bidding

Apr 12April 2012

1st Bidding

COE Prices 04/04/2012
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	$58,501	$83,700	$53,989	$1,896	$84,590
	$2,000	$1,697	$2,478	$104	$4,489
PQP	$52,979 (Apr)	$74,513 (Apr)	$47,671 (Apr)	$1,757 (Apr)	-
Quota	637	352	163	416	309
Bids Received	960	483	222	542	413

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

Quota Premium

$58,501

PQP

$52,979 (Apr)

$2,000

Quota

637

Bids Received

960

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

Quota Premium

$83,700

PQP

$74,513 (Apr)

$1,697

Quota

352

Bids Received

483

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$53,989

PQP

$47,671 (Apr)

$2,478

Quota

163

Bids Received

222

CAT D (MOTORCYCLE)

Quota Premium

$1,896

PQP

$1,757 (Apr)

$104

Quota

416

Bids Received

542

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$84,590

PQP

$4,489

Quota

309

Bids Received

413

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196 Comments

Kuldip

Neighborhood businesses that need vehicles are being priced out by COE and fuel costs. I know first hand of food stallholders who shut down because of the increased costs. I believe other businesses and caregivers also affected and hollow out neighbourhood support shops. It is parliament and not citizens job to sort this out.⁰⁰⁰

Like Reply

10 days ago

Kok Wee Leow

Why kill the golden goose who lay eggs ?

Like Reply

27 days ago

Jim Chia

COE system no need to tweak churning SGD unless there are a shortchanged like bhp.

Like Reply

4 months ago

Lelasham

How about, deposit a fix amount. Once deadline close, the garmen set the COE price. The results of who gets is based on ballot

Like Reply

8 months ago

Johnnyjoeballing

only the broke people complaining

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9 months ago

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Glossary

Quota Premium	Price of the successful COE bid.
Change	Difference between current price of COE and the previous price.
Quota	Number of COE issued.
Bids Received	Number 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.