COE Results — Feb 2018 Ex 1

COE Prices — Feb 2018 Ex 1

Bidding Date: Wednesday, 7 February 2018

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$40,000	↑ +$3,110
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$42,322	↓ -$339
Cat C	Goods Vehicles & Buses	$38,303	↓ -$697
Cat D	Motorcycles	$8,451	↑ +$450
Cat E	Open (All Vehicle Types)	$39,903	↓ -$4,097

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	1557	2389	1534	1.53×
Cat B	1396	1831	1396	1.31×
Cat C	249	486	249	1.95×
Cat D	624	933	608	1.50×
Cat E	566	790	562	1.40×

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

What Stood Out

• Biggest mover: Cat E, −9.3%. Overall, 2 of 5 categories rose and 3 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).
• Unusual: the Open category ($39,903) closed below Cat B ($42,322). Cat E can be used for any vehicle, so it normally sits at or above Cat B.
• Most contested: Cat C, with 1.95 bids for every COE available.

Category by Category

Cat A (small cars) climbed $3,110 (+8.4%) to $40,000. That puts it in the lower part of its 12-month range of $36,001 to $47,112.

Cat B (large cars) dipped $339 (−0.8%) to $42,322. That is its 6th fall in a row. It is the lowest Cat B premium in our records, which begin in July 2017.

Cat E (open category) dropped $4,097 (−9.3%) to $39,903. That is its 5th fall in a row. It is the lowest Cat E premium in our records, which begin in July 2017.

Cat C (goods vehicles) fell $697 (−1.8%) to $38,303. That is its 3rd fall in a row. It is the lowest Cat C premium in our records, which begin in July 2017.

Cat D (motorcycles) climbed $450 (+5.6%) to $8,451. That is its 7th rise in a row. It is the highest Cat D premium in our records, which begin in July 2017.

Bidding Competition

Bidding competition in every category was close to its usual level for the past year.

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

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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.