COE Bidding Results

COE Results — May 2018 Ex 2

COEresultsMay 2018Singapore COECertificate of Entitlement

Cat A

$38,001

Small cars

Cat B

$37,989

Large cars

Cat C

$29,901

Goods vehicles

Cat D

$7,115

Motorcycles

Cat E

$38,700

Open category

COE Prices — May 2018 Ex 2

Bidding Date: Wednesday, 16 May 2018

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$38,001↓ -$940
Cat BCars > 1,600cc or 130bhp (or 110kW)$37,989↓ -$512
Cat CGoods Vehicles & Buses$29,901↓ -$3,289
Cat DMotorcycles$7,115↓ -$89
Cat EOpen (All Vehicle Types)$38,700↑ +$100

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A1434180514221.26×
Cat B1283191512471.49×
Cat C3857863822.04×
Cat D5298985291.70×
Cat E5588365331.50×

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

What Do These Results Mean?

The Category A COE (cars ≤ 1,600cc and 130bhp) closed at $38,001 this exercise. The Category B COE (larger or more powerful cars) closed at $37,989. The Category E (Open) COE — usable by any vehicle type and widely used as a market barometer — closed at $38,700.

Cat B prices fell by -$512 compared to the previous exercise, offering some relief to buyers of larger cars.

The Open category (Cat E) rose by +$100, serving as a benchmark for overall COE market sentiment.

About Singapore COE Bidding

Singapore’s Certificate of Entitlement (COE) system manages vehicle population through a Uniform Price Sealed-Bid Auction held twice monthly.

How it works:

  1. LTA sets the quota for each of the five categories
  2. Buyers submit sealed bids over a 10-day exercise window
  3. Bids are ranked highest to lowest; all successful bidders pay the lowest winning bid (the Quota Premium, QP)
  4. A COE is valid for 10 years and can be renewed for another 5 or 10 years

The five COE categories:

  • Cat A — Cars with engine ≤ 1,600cc and ≤ 130bhp
  • Cat B — Cars with engine > 1,600cc or > 130bhp
  • Cat C — Goods vehicles and buses
  • Cat D — Motorcycles
  • Cat E — Open category (any vehicle, no restrictions)

Browse results: ← May 2018 Ex 1 · Jun 2018 Ex 1 →

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

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