COE Prices and Bidding Results 2020 August, 1st Bidding

Aug 20August 2020

1st Bidding

COE Prices 05/08/2020
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	$33,000	$37,102	$24,100	$7,701	$36,502
	$301	$2,101	$212	$1,191	$1,501
PQP	$32,190 (Aug)	$32,914 (Aug)	$24,102 (Aug)	$5,287 (Aug)	-
Quota	1,022	932	358	503	472
Bids Received	2,047	1,985	658	720	784

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

Quota Premium

$33,000

PQP

$32,190 (Aug)

$301

Quota

1,022

Bids Received

2,047

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

Quota Premium

$37,102

PQP

$32,914 (Aug)

$2,101

Quota

932

Bids Received

1,985

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$24,100

PQP

$24,102 (Aug)

$212

Quota

358

Bids Received

658

CAT D (MOTORCYCLE)

Quota Premium

$7,701

PQP

$5,287 (Aug)

$1,191

Quota

503

Bids Received

720

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$36,502

PQP

$1,501

Quota

472

Bids Received

784

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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.