COE Results — May 2018 Ex 1

COE Prices — May 2018 Ex 1

Bidding Date: Wednesday, 2 May 2018

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$38,941	↑ +$431
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$38,501	↑ +$1,171
Cat C	Goods Vehicles & Buses	$33,190	↓ -$1,012
Cat D	Motorcycles	$7,204	↑ +$89
Cat E	Open (All Vehicle Types)	$38,600	↑ +$211

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	1435	1836	1428	1.28×
Cat B	1280	2155	1267	1.68×
Cat C	308	611	188	1.98×
Cat D	560	1171	515	2.09×
Cat E	565	1008	562	1.78×

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

What Stood Out

• Biggest mover: Cat B, +3.1%. Overall, 4 of 5 categories rose and 1 fell.
• Unusual: Cat A ($38,941) closed above Cat B ($38,501), so small cars cost more in COE than large ones this round.
• Most contested: Cat D, with 2.09 bids for every COE available.

Category by Category

Cat A (small cars) rose $431 (+1.1%) to $38,941. That puts it in the lower part of its 12-month range of $36,001 to $47,112.

Cat B (large cars) rose $1,171 (+3.1%) to $38,501. That puts it at the bottom of its 12-month range of $37,010 to $57,414.

Cat E (open category) inched up $211 (+0.5%) to $38,600. That is its 3rd rise in a row. That puts it at the bottom of its 12-month range of $38,000 to $57,501.

Cat C (goods vehicles) fell $1,012 (−3.0%) to $33,190. It is the lowest Cat C premium in our records, which begin in July 2017.

Cat D (motorcycles) rose $89 (+1.3%) to $7,204. That puts it in the upper part of its 12-month range of $3,512 to $8,451.

Bidding Competition

Cat B drew 1.68 bids per COE, well above its 12-month average of 1.35. Some COEs went unallocated: Cat C (120 of 308), Cat D (45 of 560). 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.

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Browse results: ← Apr 2018 Ex 2 · May 2018 Ex 2 →

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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.