COE Bidding Results

COE Results — Mar 2018 Ex 2

COEresultsMarch 2018Singapore COECertificate of Entitlement

Cat A

$38,000

Small cars

Cat B

$37,010

Large cars

Cat C

$35,001

Goods vehicles

Cat D

$7,602

Motorcycles

Cat E

$38,000

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COE Prices — Mar 2018 Ex 2

Bidding Date: Wednesday, 21 March 2018

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$38,000↓ -$830
Cat BCars > 1,600cc or 130bhp (or 110kW)$37,010↓ -$1,991
Cat CGoods Vehicles & Buses$35,001↓ -$1,002
Cat DMotorcycles$7,602↓ -$407
Cat EOpen (All Vehicle Types)$38,000↓ -$1,000

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A1559211715511.36×
Cat B1402163913741.17×
Cat C2473782341.53×
Cat D5228035171.54×
Cat E5719775641.71×

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

What Stood Out

  • Biggest mover: Cat B, −5.1%. Overall, every category 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: Cat A ($38,000) closed above Cat B ($37,010), so small cars cost more in COE than large ones this round.
  • Most contested: Cat E, with 1.71 bids for every COE available.

Category by Category

Cat A (small cars) fell $830 (−2.1%) to $38,000. That puts it in the lower part of its 12-month range of $36,001 to $47,112.

Cat B (large cars) dropped $1,991 (−5.1%) to $37,010. It is the lowest Cat B premium in our records, which begin in July 2017.

Cat E (open category) fell $1,000 (−2.6%) to $38,000. It is the lowest Cat E premium in our records, which begin in July 2017.

Cat C (goods vehicles) fell $1,002 (−2.8%) to $35,001. That is its 6th fall in a row. It is the lowest Cat C premium in our records, which begin in July 2017.

Cat D (motorcycles) dropped $407 (−5.1%) to $7,602. That puts it in the upper part of its 12-month range of $3,512 to $8,451.

Bidding Competition

Some COEs went unallocated: Cat C (13 of 247). 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: ← Mar 2018 Ex 1 · Apr 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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