COE Prices and Bidding Results 2012 August, 2nd Bidding

Aug 12August 2012

2nd Bidding

COE Prices 23/08/2012
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	$66,889	$88,002	$59,334	$2,013	$93,990
	$6,612	$6,500	$2,333	$68	$1,044
PQP	$61,115 (Aug) $64,413 (Sep)	$86,410 (Aug) $87,283 (Sep)	$56,008 (Aug) $56,120 (Sep)	$1,859 (Aug) $1,890 (Sep)	-
Quota	400	351	181	448	247
Bids Received	530	532	261	535	301

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

Quota Premium

$66,889

PQP

$61,115 (Aug) / $64,413 (Sep)

$6,612

Quota

400

Bids Received

530

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

Quota Premium

$88,002

PQP

$86,410 (Aug) / $87,283 (Sep)

$6,500

Quota

351

Bids Received

532

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$59,334

PQP

$56,008 (Aug) / $56,120 (Sep)

$2,333

Quota

181

Bids Received

261

CAT D (MOTORCYCLE)

Quota Premium

$2,013

PQP

$1,859 (Aug) / $1,890 (Sep)

$68

Quota

448

Bids Received

535

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$93,990

PQP

$1,044

Quota

247

Bids Received

301

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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

9 days ago

Kok Wee Leow

Why kill the golden goose who lay eggs ?

Like Reply

26 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.