COE Bidding Results

COE Results — Jan 2018 Ex 2

COEresultsJanuary 2018Singapore COECertificate of Entitlement

Cat A

$36,890

Small cars

Cat B

$42,661

Large cars

Cat C

$39,000

Goods vehicles

Cat D

$8,001

Motorcycles

Cat E

$44,000

Open category

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COE Prices — Jan 2018 Ex 2

Bidding Date: Wednesday, 17 January 2018

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$36,890↓ -$4,510
Cat BCars > 1,600cc or 130bhp (or 110kW)$42,661↓ -$2,628
Cat CGoods Vehicles & Buses$39,000↓ -$1,101
Cat DMotorcycles$8,001↑ +$300
Cat EOpen (All Vehicle Types)$44,000↓ -$3,390

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A1713193817081.13×
Cat B1381165413801.20×
Cat C2573992471.55×
Cat D5657865001.39×
Cat E5158174951.59×

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

What Stood Out

  • Biggest mover: Cat A, −10.9%. Overall, 1 of 5 categories rose and 4 fell.
  • Record: Cat B set a new low for our records (since July 2017).
  • Record: Cat E set a new low for our records (since July 2017).
  • Most contested: Cat E, with 1.59 bids for every COE available.

Category by Category

Cat A (small cars) plunged $4,510 (−10.9%) to $36,890. It is the lowest Cat A premium since Sep 2017 Ex 1 ($36,001).

Cat B (large cars) dropped $2,628 (−5.8%) to $42,661. That is its 5th fall in a row. It is the lowest Cat B premium in our records, which begin in July 2017.

Cat E (open category) dropped $3,390 (−7.2%) to $44,000. That is its 4th fall in a row. It is the lowest Cat E premium in our records, which begin in July 2017.

Cat C (goods vehicles) fell $1,101 (−2.7%) to $39,000. It is the lowest Cat C premium in our records, which begin in July 2017.

Cat D (motorcycles) rose $300 (+3.9%) to $8,001. That is its 6th rise in a row. It is the highest Cat D premium in our records, which begin in July 2017.

Bidding Competition

Cat A drew 1.13 bids per COE, well below its 12-month average of 1.41. Some COEs went unallocated: Cat D (65 of 565). Unallocated COEs are added to the next exercise’s quota.

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Browse results: ← Jan 2018 Ex 1 · Feb 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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