COE Bidding Results

COE Results — Dec 2017 Ex 2

COEresultsDecember 2017Singapore COECertificate of Entitlement

Cat A

$38,200

Small cars

Cat B

$47,002

Large cars

Cat C

$45,112

Goods vehicles

Cat D

$7,501

Motorcycles

Cat E

$48,011

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COE Prices — Dec 2017 Ex 2

Bidding Date: Wednesday, 20 December 2017

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$38,200↓ -$4,139
Cat BCars > 1,600cc or 130bhp (or 110kW)$47,002↓ -$6,709
Cat CGoods Vehicles & Buses$45,112↑ +$3,112
Cat DMotorcycles$7,501↑ +$949
Cat EOpen (All Vehicle Types)$48,011↓ -$6,323

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A1687197016541.17×
Cat B1374163413671.19×
Cat C2464822321.96×
Cat D5147434581.45×
Cat E53110035291.89×

Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.

What Stood Out

  • Biggest mover: Cat D, +14.5%. Overall, 2 of 5 categories rose and 3 fell.
  • Record: Cat B set a new low for our records (since July 2017).
  • Most contested: Cat C, with 1.96 bids for every COE available.

Category by Category

Cat A (small cars) dropped $4,139 (−9.8%) to $38,200. That is its 3rd fall in a row. It is the lowest Cat A premium since Sep 2017 Ex 1 ($36,001).

Cat B (large cars) plunged $6,709 (−12.5%) to $47,002. That is its 3rd fall in a row. It is the lowest Cat B premium in our records, which begin in July 2017.

Cat E (open category) plunged $6,323 (−11.6%) to $48,011. It is the lowest Cat E premium since Sep 2017 Ex 1 ($48,005).

Cat C (goods vehicles) climbed $3,112 (+7.4%) to $45,112. That puts it in the lower part of its 12-month range of $40,212 to $58,036.

Cat D (motorcycles) jumped $949 (+14.5%) to $7,501. That is its 4th rise in a row. It is the highest Cat D premium in our records, which begin in July 2017.

Bidding Competition

Cat A drew 1.17 bids per COE, well below its 12-month average of 1.44. Cat B drew 1.19 bids per COE, well below its 12-month average of 1.43. Cat E drew 1.89 bids per COE, well above its 12-month average of 1.56. Some COEs went unallocated: Cat C (14 of 246), Cat D (56 of 514). Unallocated COEs are added to the next exercise’s quota.

New to COE bidding? Read how COE bidding works and what each COE category covers.


Browse results: ← Dec 2017 Ex 1 · Jan 2018 Ex 1 →

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Results sourced from LTA/Singapore government data via the Steer SG data pipeline. This is an informational service. We are not affiliated with LTA, Singapore government, or any car dealer.

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