June 2013 1st Tender Bidding Results

Certificate of entitlement (COE) premiums for vehicles went up in all categories in the latest bidding exercise on Wednesday.

The COE premium for Cat A (Cars below 1,600) risen from $64,839 to $67,301, which is S$2,462 higher.

While the COE premium for CAT B (Cars above 1,600 cc) risen from $67,304 to $75,000, a total of S$7,696 increase.

As for Cat C (Goods and services vehicles and buses), the premium risen from $56,889 to $57,989, a difference of S$1,100. For Cat D (Motorcycles), there was only a S$38 premium increase – from $1,663 to $1,701.

Finally, the Cat E (Open Category) went up from $66,701 to $76,000, a total of $S9,299 increase on COE premium.

COE Results (May – June 2013)

Month of Bidding Exercise

Vehicle Category

Bidding

Cat A Cars (<=1600 cc) & Taxis

Cat B Cars >1600 cc

Cat C Goods vehicles & buses

Cat D Motorcycles

Category E Open Cat

1st

2nd

1st

2nd

1st

2nd

1st

2nd

1st

2nd

May-2013 Quota 336 333 317 332 225 233 600 507 239 251
Successful bids 329 324 317 329 223 232 595 459 238 239
Bids received 912 888 601 749 312 288 719 642 447 466
Quota Premium $62,999 $64,839 $61,700 $67,304 $57,051 $56,889 $1,700 $1,663 $62,301 $66,701
PQP for Jun 2013 $65,044 $65,001 $56,078 $1,795 N/A
Jun-2013 Quota 341   302   227   511   239  
Successful bids 336   274   226   479   189  
Bids received 855   732   292   616   534  
Quota Premium $67,301   $75,000   $57,989   $1,701   $76,000  
PQP for Jul 2013