Feb 14February 2014

2nd Bidding

Renew COE
Renew COE
COE Prices 19/02/2014
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

$77,201

$78,604

$52,890

$3,501

$79,000

$5,637

$3,304

$1,888

$450

$1,997
PQP

$73,237 (Feb)
$73,431 (Mar)

$78,382 (Feb)
$76,719 (Mar)

$51,418 (Feb)
$50,316 (Mar)

$1,952 (Feb)
$2,474 (Mar)

-
Quota

362

355

277

360

193
Bids Received

700

519

392

478

321

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

Quota Premium

$77,201

PQP

$73,237 (Feb) / $73,431 (Mar)

$5,637

Quota

362

Bids Received

700

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

Quota Premium

$78,604

PQP

$78,382 (Feb) / $76,719 (Mar)

$3,304

Quota

355

Bids Received

519

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$52,890

PQP

$51,418 (Feb) / $50,316 (Mar)

$1,888

Quota

277

Bids Received

392

CAT D (MOTORCYCLE)

Quota Premium

$3,501

PQP

$1,952 (Feb) / $2,474 (Mar)

$450

Quota

360

Bids Received

478

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$79,000

PQP

-

$1,997

Quota

193

Bids Received

321

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187 Comments

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

11 days ago

View 1 Reply
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

Roger Poh
If HDB can draw lots for the flats, Gov can do the same for cars. Also, limit one household one car. This will make cars more affordable to the ordinary person. Right now, the system favours the wealthy; the rest of you get lost. Inclusive society? Haha
Reply

2 months ago

View 1 Reply

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.