COE Prices and Bidding Results 2022 February, 1st Bidding

Feb 22February 2022

1st Bidding

COE Prices 09/02/2022
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	$60,761	$86,102	$44,001	$10,010	$87,000
	$2,863	$4,101	$1,000	$10	$3,089
PQP	$56,670 (Feb)	$80,583 (Feb)	$43,284 (Feb)	$9,576 (Feb)	-
Quota	542	550	80	406	180
Bids Received	819	865	149	555	269

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

Quota Premium

$60,761

PQP

$56,670 (Feb)

$2,863

Quota

542

Bids Received

819

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

Quota Premium

$86,102

PQP

$80,583 (Feb)

$4,101

Quota

550

Bids Received

865

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$44,001

PQP

$43,284 (Feb)

$1,000

Quota

Bids Received

149

CAT D (MOTORCYCLE)

Quota Premium

$10,010

PQP

$9,576 (Feb)

$10

Quota

406

Bids Received

555

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$87,000

PQP

$3,089

Quota

180

Bids Received

269

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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.