COE Prices and Bidding Results 2016 September, 1st Bidding

Sep 16September 2016

1st Bidding

COE Prices 07/09/2016
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	$51,506	$57,002	$49,801	$6,452	$56,889
	$1,828	$502	$1,800	$100	$67
PQP	$53,339 (Sep)	$56,835 (Sep)	$48,087 (Sep)	$6,247 (Sep)	-
Quota	2,067	1,372	175	362	458
Bids Received	2,739	2,183	260	521	723

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

Quota Premium

$51,506

PQP

$53,339 (Sep)

$1,828

Quota

2,067

Bids Received

2,739

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

Quota Premium

$57,002

PQP

$56,835 (Sep)

$502

Quota

1,372

Bids Received

2,183

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$49,801

PQP

$48,087 (Sep)

$1,800

Quota

175

Bids Received

260

CAT D (MOTORCYCLE)

Quota Premium

$6,452

PQP

$6,247 (Sep)

$100

Quota

362

Bids Received

521

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$56,889

PQP

$67

Quota

458

Bids Received

723

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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

4 days ago

Kok Wee Leow

Why kill the golden goose who lay eggs ?

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20 days ago

Jim Chia

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

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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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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.