COE Prices Increase For Sept 07 1st Bidding Exercise!
Thursday, September 6th, 2007 Tags: COE Prices Increase, petrolwatchPosted in News
COE Prices have increased once again. Results for the September 2007 1st Open Bidding Exercise were released on 05 September 2007 at 1600hrs. Prices for most categories have increased drastically since the last open bidding. Vehicles in Cat A saw the highest increase in prices by $9881. Vehicles in Cat B, Cat C and Cat E, saw price increases of over $2000. The only reduction in prices was for vehicles in Cat D, where prices dropped by a $108. Full results can be viewed in the table below.
| Category |
Quota
|
Old QP($)
|
New QP($)
|
|
|---|---|---|---|---|
|
A
|
Car (1600cc & below) & Taxi
|
2,309
|
8,118
|
17,999
|
|
B
|
Car (Above 1600 cc)
|
1,136
|
16,010
|
18,200
|
|
C
|
Goods Vehicle & Bus
|
446
|
6,890
|
9,539
|
|
D
|
Motorcycle
|
500
|
1,189
|
1,081
|
|
E
|
Open
|
1,096
|
17,302
|
19,323
|
| QP: Quota Premium PQP: Prevailing Quota Premium |
