BIDS FOR CERTIFICATES OF ENTITLEMENT

Parliament of Singapore · 29 July 1997

Official Report, 29 July 1997, Vol 67, Issue 13 · Open in the reader (summaries, search, filters)

Dr Toh See Kiat asked the Minister for Communications, in respect of each of the months from January to June 1997, (a) how many bids were made for vehicular Certificates of Entitlement, giving the numbers issued versus numbers bidded in each category; and (b) what was the dollar amount of each lowest bid and how many bids in such an amount were made.

Mr Mah Bow Tan: The information requested above is given below. VEHICLE QUOTA RESULTS _________________________________________________________________________________________________ Vehicle Category Processing Month Cat 1 Cat 2 Cat 3 Cat 4 Cat 5 Cat 6 Cat 7 Total _________________________________________________________________________________________________ Jan 97 Quota 270 1,119 272 99 676 592 430 3,458 Bids received 473 1,732 437 230 1,013 1,010 868 5,763 Successful bid 270 1,113 272 97 667 586 421 3,426 QP for Feb 97 $26,690 $44,950 $63,888 $58,100 $30,304 $3,208 $60,002 -- Lowest bid $2 $1 $2 $100 $1 $1 $1 -- amount No. of such bids 1 1 2 1 1 1 1 -- _________________________________________________________________________________________________ Feb 97 Quota 249 1,108 272 101 656 597 439 3,422 Bids received 458 2,132 416 310 1,101 1,176 1,193 6,786 Successful bid 249 1,099 272 101 655 591 439 3,406 QP for Mar 97 $27,220 $45,008 $53,000 $60,888 $30,610 $3,350 $60,810 -- Lowest bid $2,002 $1,000 $210 $200 $238 $2 $380 -- amount No. of such bids 1 1 1 1 1 18 1 -- _________________________________________________________________________________________________ Mar 97 Quota 249 1,111 272 98 648 597 430 3,405 Bids received 657 2,512 610 309 1,102 959 982 7,131 Successful bid 249 1,109 271 94 641 596 427 3,387 QP for Apr 97 $29,598 $46,826 $60,050 $62,100 $31,998 $3,256 $60,900 -- Lowest bid $1 $1 $2,001 $200 $12,200 $1 $10 -- amount No. of such bids 1 1 1 1 1 1 1 -- _________________________________________________________________________________________________ Apr 97 Quota 196 1,118 338 131 818 740 415 3,756 Bids received 733 3,279 707 264 1,334 1,012 1,099 8,428 Successful bid 192 1,116 338 130 796 740 415 3,727 QP for May 97 $35,550 $53,887 $63,500 $61,700 $32,940 $2,855 $65,488 -- Lowest bid $2 $1 $1 $1 $13,338 $1 $8 -- amount No. of such bids 1 1 2 1 1 1 1 -- _________________________________________________________________________________________________ _________________________________________________________________________________________________ Vehicle Category Processing Month Cat 1 Cat 2 Cat 3 Cat 4 Cat 5 Cat 6 Cat 7 Total _________________________________________________________________________________________________ May 97 Quota 200 1,118 336 128 832 739 412 3,765 Bids received 626 3,929 911 301 1,463 991 925 9,146 Successful bid 196 1,091 336 124 823 727 409 3,706 QP for Jun 97 $39,888 $60,900 $69,500 $66,900 $34,200 $2,860 $68,902 -- Lowest bid $50 $10 $1 $1 $10 $800 $20 -- amount No. of such bids 1 1 2 1 1 2 1 -- _________________________________________________________________________________________________ Jun 97 Quota 200 1,143 336 131 819 751 415 3,795 Bids received 425 3,427 807 346 1,225 1,119 999 8,348 Successful bid 199 1,130 326 131 804 743 407 3,740 QP for July 97 $41,008 $62,208 $73,351 $73,500 $33,240 $3,156 $73,502 -- Lowest bid $1 $300 $1 $1 $13,338 $1 $20 -- amount No. of such bids 1 1 2 1 1 1 1 -- _________________________________________________________________________________________________

Source: Singapore Parliament Official Report (Hansard) for 29 July 1997. Republished on SGParliament.