COE prices rise again
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COE prices go up again
THE prices of certificates of entitlement (COE) have rebounded, rising by about $3,000 in the two most popular car categories.
At the close of yesterday's bidding exercise, they had risen from a nine-month low two weeks ago to levels last seen in July and August.
Bidders will pay $31,334 for cars 1,600 cc and below, up from $28,409 previously.
COEs for cars above 1,600 cc will cost $31,795, up from $28,009.
Open category certificates, which have been used traditionally to register large cars, now cost $30,989, from $29,499.
Those for commercial vehicles are $17,581, up from $16,409.
Demand for cars has risen too, with 1.7 times more bids than COEs available. Previously, it was 1.2 to 1.3 more.
From a percentage point of view, the largest rise was seen in motorcycle COE prices, which went up about 70 per cent, from an eight-year-low of $21 to $36.
Mr Phoon Ah Sow, president of the Singapore Motor Cycle Trade Association, blamed the languishing demand for motorbikes on ballooning insurance premiums and a still gloomy economic climate.
He expected the COE price for these vehicles to remain low as long as these conditions prevail.
Motor Traders' Association president Michael Wong noted that car COE prices appear to be 'going back to their normal level'.
He said demand for cars may be picking up now because consumers want to avoid the increase in goods and services tax next January.
Car dealers are also pushing to reach sales targets before the year end, he added. -
Originally posted by srad:
how come motorcycles COE now so cheap?
[b]COE prices go up again
THE prices of certificates of entitlement (COE) have rebounded, rising by about $3,000 in the two most popular car categories.
At the close of yesterday's bidding exercise, they had risen from a nine-month low two weeks ago to levels last seen in July and August.
Bidders will pay $31,334 for cars 1,600 cc and below, up from $28,409 previously.
COEs for cars above 1,600 cc will cost $31,795, up from $28,009.
Open category certificates, which have been used traditionally to register large cars, now cost $30,989, from $29,499.
Those for commercial vehicles are $17,581, up from $16,409.
Demand for cars has risen too, with 1.7 times more bids than COEs available. Previously, it was 1.2 to 1.3 more.
From a percentage point of view, the largest rise was seen in motorcycle COE prices, which went up about 70 per cent, from an eight-year-low of $21 to $36.
Mr Phoon Ah Sow, president of the Singapore Motor Cycle Trade Association, blamed the languishing demand for motorbikes on ballooning insurance premiums and a still gloomy economic climate.
He expected the COE price for these vehicles to remain low as long as these conditions prevail.
Motor Traders' Association president Michael Wong noted that car COE prices appear to be 'going back to their normal level'.
He said demand for cars may be picking up now because consumers want to avoid the increase in goods and services tax next January.
Car dealers are also pushing to reach sales targets before the year end, he added.[/b]
my bike is Sep2000 COE= 1200 ! -
1200??Originally posted by WhitePhantom:how come motorcycles COE now so cheap?
my bike is Sep2000 COE= 1200 !
insurance or COE?
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i think is insurance la........haahaaaOriginally posted by -=[ChEeZe]=-:1200??
insurance or COE? -
hahaha..... if coe so ex can dun buy bike liao.......Originally posted by srad:i think is insurance la........haahaaa -
realli is COE !!Originally posted by -=[ChEeZe]=-:1200??
insurance or COE?
my previous owner paid 1200 for the COE leh
its stated in my log card -
so much???
ur one zhan che la..
more exp..
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hahahahha.....
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fs plate bikes alot all is 900-1.7k one....
fn fp more power. 3k oso got.
i know, coz i bought my 1st bike during that time
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oh yaOriginally posted by nismoS132:fs plate bikes alot all is 900-1.7k one....
fn fp more power. 3k oso got.
i know, coz i bought my 1st bike during that time
i nearly forgot u were once a FS phantom rider rite? -
my fren is FP SP rider, even more power. 10k for an SPOriginally posted by WhitePhantom:oh ya
i nearly forgot u were once a FS phantom rider rite? 
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10k??!!!!!!Originally posted by nismoS132:my fren is FP SP rider, even more power. 10k for an SP 
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Originally posted by nismoS132:my fren is FP SP rider, even more power. 10k for an SP
10k for another 10 yrs??? -
btw srad, u like to copy n paste newspaper article uh
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Aiyo 1200 nia... My FP Plate RS125 COE $3300!!!Originally posted by WhitePhantom:how come motorcycles COE now so cheap?
my bike is Sep2000 COE= 1200 ! -
Originally posted by srad:
sad sia..COE only up no down..haiz..
[b]COE prices go up again
THE prices of certificates of entitlement (COE) have rebounded, rising by about $3,000 in the two most popular car categories.
At the close of yesterday's bidding exercise, they had risen from a nine-month low two weeks ago to levels last seen in July and August.
Bidders will pay $31,334 for cars 1,600 cc and below, up from $28,409 previously.
COEs for cars above 1,600 cc will cost $31,795, up from $28,009.
Open category certificates, which have been used traditionally to register large cars, now cost $30,989, from $29,499.
Those for commercial vehicles are $17,581, up from $16,409.
Demand for cars has risen too, with 1.7 times more bids than COEs available. Previously, it was 1.2 to 1.3 more.
From a percentage point of view, the largest rise was seen in motorcycle COE prices, which went up about 70 per cent, from an eight-year-low of $21 to $36.
Mr Phoon Ah Sow, president of the Singapore Motor Cycle Trade Association, blamed the languishing demand for motorbikes on ballooning insurance premiums and a still gloomy economic climate.
He expected the COE price for these vehicles to remain low as long as these conditions prevail.
Motor Traders' Association president Michael Wong noted that car COE prices appear to be 'going back to their normal level'.
He said demand for cars may be picking up now because consumers want to avoid the increase in goods and services tax next January.
Car dealers are also pushing to reach sales targets before the year end, he added.[/b]
Givache 
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wowOriginally posted by RAIDER:Aiyo 1200 nia... My FP Plate RS125 COE $3300!!! -
tought COE bike category only less than 100??Originally posted by nismoS132:fs plate bikes alot all is 900-1.7k one....
fn fp more power. 3k oso got.
i know, coz i bought my 1st bike during that time Givache -
yup.Originally posted by Givache:tought COE bike category only less than 100?? Givache
for the past few months,
COE for bikes are at all time low.... averaging less than 100 as u mentioned....
the last time when it was stil consider high value was at Jan-April
which was btw 500-700 -
icic..thanks for ur infoOriginally posted by WhitePhantom:yup.
for the past few months,
COE for bikes are at all time low.... averaging less than 100 as u mentioned....
the last time when it was stil consider high value was at Jan-April
which was btw 500-700 Givache