Jul 12July 2012

2nd Bidding

Renew COE
Renew COE
COE Prices 18/07/2012
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

$68,656

$90,501

$55,805

$1,859

$92,700

$9,235

$8,212

$249

$99

$5,701

PQP

$60,219 (Jul)
$61,115 (Aug)

$86,728 (Jul)
$86,410 (Aug)

$56,044 (Jul)
$56,008 (Aug)

$1,893 (Jul)
$1,859 (Aug)

-

Quota

676

353

163

426

310

Bids Received

911

549

222

531

429

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

Quota Premium

$68,656

PQP

$60,219 (Jul) / $61,115 (Aug)

$9,235

Quota

676

Bids Received

911

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

Quota Premium

$90,501

PQP

$86,728 (Jul) / $86,410 (Aug)

$8,212

Quota

353

Bids Received

549

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$55,805

PQP

$56,044 (Jul) / $56,008 (Aug)

$249

Quota

163

Bids Received

222

CAT D (MOTORCYCLE)

Quota Premium

$1,859

PQP

$1,893 (Jul) / $1,859 (Aug)

$99

Quota

426

Bids Received

531

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$92,700

PQP

-

$5,701

Quota

310

Bids Received

429

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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

7 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

21 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

about 1 month ago

Ks Ng

HDB is 99yr lease vs 10yr COE.

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

Reply

2 months ago

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