COE Prices and Bidding Results 2012 June, 1st Bidding

Jun 12June 2012

1st Bidding

COE Prices 06/06/2012
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	$59,003	$83,000	$54,522	$1,912	$85,889
	$1,002	$2,216	$2,584	$22	$1,000
PQP	$59,393 (Jun)	$85,546 (Jun)	$54,793 (Jun)	$1,871 (Jun)	-
Quota	668	350	159	410	315
Bids Received	1,004	490	258	569	526

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

Quota Premium

$59,003

PQP

$59,393 (Jun)

$1,002

Quota

668

Bids Received

1,004

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

Quota Premium

$83,000

PQP

$85,546 (Jun)

$2,216

Quota

350

Bids Received

490

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$54,522

PQP

$54,793 (Jun)

$2,584

Quota

159

Bids Received

258

CAT D (MOTORCYCLE)

Quota Premium

$1,912

PQP

$1,871 (Jun)

$22

Quota

410

Bids Received

569

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$85,889

PQP

$1,000

Quota

315

Bids Received

526

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197 Comments

Ks Lim

I am sure there is a lot of good ideas, some seems very workable, but our Gov need all these easy money to pay CDC GST vouchers, build more highways, more viaducts and now more salaries (you know what I am saying). So, those still want to own these expensive cars, just suck it up and pay the bill Period.

Like Reply

1 day ago

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

13 days ago

Kok Wee Leow

Why kill the golden goose who lay eggs ?

Like Reply

about 1 month ago

Jim Chia

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

Like Reply

5 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

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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.